Higher Social Security payroll taxes no longer taboo for GOP

As Social Security fund runs dry, some Republicans say it’s time to raise taxes

Raising the payroll tax is emerging as a popular fix — even in the anti-tax GOP — to fend off deep cuts in retirement benefits.

Some Republicans Eye Tax Increase for Social Security

“For decades, Washington has replayed the same fight over taming the soaring national debt: Democrats cite a need for more taxes. Republicans refuse. And anyone who suggests cutting the biggest source of spending — federal retirement benefits — gets attacked,” the Washington Post reports. “But a coming crisis in Social Security appears to be pushing […]

Higher Social Security payroll taxes no longer taboo for GOP

WASHINGTON — Some Republicans are slowly warming to the idea of raising payroll taxes on upper-income households to shore up Social Security. Without a fix, benefits would need to be cut by 22 percent