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<a href="http://www.accessmylibrary.com/article-1G1-180801157/obama-social-security-plan.html" title="Facts and information about Obama's Social Security plan is a work in progress, but it clearly involves a large tax increase.(The Week)(Barack Obama)(Brief article)">Obama's Social Security plan is a work in progress, but it clearly involves a large tax increase.(The Week)(Barack Obama)(Brief article)</a>
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Obama's Social Security plan is a work in progress, but it clearly involves a large tax increase.(The Week)(Barack Obama)(Brief article)
Obama's Social Security plan is a work in progress, but it clearly involves a large tax increase. Right now, the program imposes taxes on wages up to $102,000. Everyone who makes more than that pays the same maximum tax and gets the same maximum benefit. Obama wants to apply part or all of the taxes to wages above $250,000 as well. (There would be a "doughnut hole" for wages between these two numbers; taxes would not apply to them.) No word on whether high earners would qualify for added benefits after having made larger payments to the program. But even if Obama put the entire Social Security ...
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