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The Social Security and Medicare Fair Share Act proposes targeting payroll tax loopholes for high-income earners.
Social Security's trust fund is in danger of insolvency by 2035 unless strong measures and changes are undertaken.
Two-income couples could see their Social Security benefits slashed by up to $16,500 annually starting in 2033; for high-income couples, that number could top $21,000. A recent report from the ...
But high earners with $1 million in gross annual ... In 2025, the maximum Social Security benefit for a worker retiring at full retirement age is $4,018 per month. Meanwhile, the average ...