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Tag Archives: Social Security tax cap

Bernie is wrong on Social Security

I like Bernie Sanders for many reasons, but this isn’t one of them:“As a result of those challenges, Sanders wants to see more Democrats vocally get behind measures like . . . removing the cap on Social Security taxation so the wealthy pay a full share of their income into the program.”This is a mistake. SS benefits are capped like taxes, so if you lift the cap on taxes and don’t lift the cap on benefits, SS becomes welfare instead of insurance.Look,...

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