Social Security could be stabilized by taxing high earners more – is eliminating the payroll cap the answer?

247wallst.com/personal-finance/2025/05/17/social-security-could-be-stabilized-by-taxing-high-earners-more-is-eliminating-the-payroll-cap-the-answer

According to several economists, the Social Security trust fund is on track to become insolvent by 2035, unless there are some drastic changes made. To replenish the fund, Social Security needs to either augment inflows, reduce spending, or enact some combination of steps that does both.…

This story appeared on 247wallst.com, 2025-05-17 13:43:49.
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