Bipartisan Push to Scrap Social Security's Earnings Ceiling Puts High Earners in Crosshairs
Sanders pressed for higher contributions from top earners and has proposed a separate Social Security expansion plan.
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tl;dr
Sens. Elizabeth Warren and Bernie Moreno are working on a bipartisan proposal to remove Social Security’s taxable earnings cap, increasing taxes on high earners to help address the program’s funding shortfall. The article outlines potential revenue gains alongside concerns about economic effects and unresolved benefit rules.
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EWElizabeth WarrenD-Massachusetts
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