Comments on: social security update https://globalspin.com/2005/05/social-security-update/ a glimpse into the tiny mind of Chris Radcliff Sat, 01 May 2010 03:53:44 +0000 hourly 1 http://wordpress.org/?v=3.8 By: Chris https://globalspin.com/2005/05/social-security-update/comment-page-1/#comment-739 Tue, 10 May 2005 23:53:44 +0000 http://globalspin.com/wp/2005/05/10/562/#comment-739 I’m not sure how the caps work, but I think there are two: a cap on how much of one’s income is taxed, and a cap on how much of one’s income counts toward the determination of benefits.

(BTW, I updated the URL in Nicole’s comment to be a link.)

]]> By: nicole https://globalspin.com/2005/05/social-security-update/comment-page-1/#comment-738 Tue, 10 May 2005 22:15:43 +0000 http://globalspin.com/wp/2005/05/10/562/#comment-738 There’s an interesting “video about this”:http://www.bushin30years.org/winner.html?id=5498-4250942-vRCErHSt6ycGaDs_1nT5rg&t=3 posted at MoveOn.

Anyone know more about the tax bracket cap on SS contributions (over 90,000 income still pays what 90,000 does). I’m no economist, but it seems reasonable to perhaps close this loophole…

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