this post was submitted on 07 Aug 2026
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Work Reform

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[โ€“] The_v@lemmy.world 5 points 1 month ago (1 children)

Slight modification.

For SS the employer and employee pay 50/50. So the actual number is double that.

If they lifted the cap the person making $5,176,000 would pay $731,369

[โ€“] Macallan@lemmy.world 12 points 1 month ago

I'm not seeing any issues or downsides to that, they can afford it.