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Sure, that would be a great way to fund Social Security and Medicaid. I proposed raising the payroll tax cap simply because it works within the existing framewo
by quickthrowman 4mo ago
Sure, that would be a great way to fund Social Security and Medicaid. I proposed raising the payroll tax cap simply because it works within the existing framework, but targeting wealth to fund social programs is a good idea too.
- JumpCrisscross 4mo agoI did more digging. You'd have to tap payroll taxes, too. Total taxable capital gains in America are something like 2x the projected annual deficit.