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Warren and Moreno Propose Social Security Fix | Huntsville News
Senators Elizabeth Warren and Bernie Moreno are pushing a bold fix for Social Security: scrap the earnings cap that shields top earners from payroll taxes. Currently, only the first $184,500 of income is taxed for Social Security — leaving high earners off the hook while everyone else pays on all their income. Their plan would tax every dollar earned, impacting just 5-8% of workers and potentially boosting Social Security’s coffers by $3 trillion over ten years — a lifeline for the program that supports 70 million Americans and is already running a deficit. Listen in comfort:Get a discount on…
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