Thursday, January 26, 2023

Senator Manchin is right! Uncap FICA! (2 of 2)

I have been saying "Uncap FICA" for years! Why do rich people not pay social security tax on most of their income, when we plebes pay it on all of ours?

Hats off to Senator Manchin:

Manchin Proposes ‘Easiest’ Social Security Fix In Response to Debt Ceiling

"Democratic Sen. Joe Manchin wants to change the way in which Social Security is funded, notably raising the cap on payroll taxes in order to make the highest earners contribute more to the program’s reserves."

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