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Bernie Sanders vs. Elon Musk: Would Taxing the Rich Actually Save Social Security?
Summary by 247wallst.com
2 Articles
2 Articles
Bernie Sanders vs. Elon Musk: Would Taxing the Rich Actually Save Social Security?
The post Bernie Sanders vs. Elon Musk: Would Taxing the Rich Actually Save Social Security? appeared first on 24/7 Wall St.. Lifting Social Security's wage cap closes only half the $26.1 trillion 75-year shortfall; closing the full gap requires raising the combined payroll tax rate from 12.4% to 15.9%. This fix works for high-wage earners on W-2s making over $184,500, but misses the ultra-wealthy like Musk whose compensation is structured in e…
·New York, United States
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Coverage Details
Total News Sources2
Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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