Msg. 57617 of 65535 (This msg. is a reply to
57611 by
Zimbler0)
Jump:
Rather then means testing, they should increase the ceiling on which wages are subject to payroll taxes. Also, those incomes which are currently exempt from withholding, such as dividends and carried interest, should also be used to compute Social Security taxes. It's bad enough that these sources of income are subject to a lower income tax rate, but they are, by definition (being considered as non-wages) totally exempt from payroll taxes. These changes alone would significantly increase the solvency and sustainability of Social Security. And if they were also subject to the taxes earmarked for Medicare, this would go along way to helping with funding issues there as well.
I believe I was asking you what you thought about
the possibility that the democrats might decide
to 'means test' Social Security . . . . and decide
you had too much money to qualify.
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