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Tag: shore
A New Tax Proposal Aims to Shore Up Social Security by Expanding the Payroll Tax Base to Employer Fringe Benefits
As the looming insolvency of the Social Security trust funds draws closer, policymakers and economic analysts are increasingly exploring innovative ways to secure long-term revenue. Traditional debates around shoring up the program have largely centered on raising the overall payroll tax rate or lifting the payroll tax cap to subject a greater portion of high-earner…
