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Old 05-12-2019, 03:49 PM
Bill Door is offline
Charter Member
Join Date: Nov 2003
Posts: 5,103
To me it makes more sense to make up the shortfall by either raising the cap on taxed income or by putting social security taxes on unearned income or both. Probably both. It seems silly that someone who makes income by mopping floors has to pay social security taxes on every dollar, yet someone who earns $200,000 in salary and another $300,000 in dividends, rent, and capital gains only pays social security taxes on 20% of their income.