°F Fri, April 18, 2014
BURLINGTON, Vt., Aug. 14 - "We are now in the midst of the
fiercest and best-financed attack against Social Security
in our lifetimes," Sen. Bernie Sanders (I-Vt.) warned today on the
77th anniversary of the most s ...
Currently, only earned income under $110,100 a year is subject
to the payroll tax that funds Social Security. There is no tax on
income above that cap.
Raising the Social Security payroll tax cap would strengthen the