just gut medicare and medicaid and offer a giant propaganda contract to facebook/twitter//tiktok/fox news/russian propaganda bot farms etc. to brainwash to populace into thinking it is a good thing
Lux_Stella on
are you asking why raising taxes is not a feasible solution
Because payroll and income taxes already kind of work in concert since payroll tax burden is already partially borne by the employee. Look at the tax brackets. They’re they’re 10, 12, 22, 24, 32, 35, and 37%. The payroll tax cutoff is in the 24% bracket and there’s a cliff right after. Higher tax brackets pay more in income tax because they aren’t paying payroll taxes.
You’d also make it more expensive to employ high-skill workers by raising the payroll tax ceiling.
shillingbut4me on
Other than the answers already given, there’s an argument that removing the max SS tax without also removing the cap on benefits would be unconstitutional
Lame_Johnny on
Because people are greedy fucks who would rather blow up the country’s finances than endure a tax increase and/or spending cuts.
10 Comments
Because people don’t like taxes
What is this tool called?
[https://us.abalancingact.com/](https://us.abalancingact.com/) for anyone interested
just gut medicare and medicaid and offer a giant propaganda contract to facebook/twitter//tiktok/fox news/russian propaganda bot farms etc. to brainwash to populace into thinking it is a good thing
are you asking why raising taxes is not a feasible solution
people don’t want a $800 billion tax increase lol
[I have devised a superior plan.](https://www.reddit.com/r/neoliberal/comments/1fjmrfj/comment/lnp98p6/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)
Because payroll and income taxes already kind of work in concert since payroll tax burden is already partially borne by the employee. Look at the tax brackets. They’re they’re 10, 12, 22, 24, 32, 35, and 37%. The payroll tax cutoff is in the 24% bracket and there’s a cliff right after. Higher tax brackets pay more in income tax because they aren’t paying payroll taxes.
You’d also make it more expensive to employ high-skill workers by raising the payroll tax ceiling.
Other than the answers already given, there’s an argument that removing the max SS tax without also removing the cap on benefits would be unconstitutional
Because people are greedy fucks who would rather blow up the country’s finances than endure a tax increase and/or spending cuts.