GOP eyes payroll-tax tweak to avert Social Security cliff
TL;DR Summary
Facing a looming Social Security shortfall, some Republicans are weighing a payroll-tax cap increase as a way to stave off deeper retirement-benefit cuts, signaling a rare openness to tax hikes within the GOP and fueling debate about how to shore up the trust fund before its 2032 depletion.
Topics:business#economy#government-debt#government-pensions-and-social-security#government-spending#national-debt#tax-policy
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