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by JumpCrisscross 11 days ago
> raising the payroll tax cap

I hope a capital-gains tax is considered as part of the mix.

1 comments

Sure, that would be a great way to fund Social Security and Medicaid. I proposed raising the payroll tax cap simply because it works within the existing framework, but targeting wealth to fund social programs is a good idea too.
I did more digging. You'd have to tap payroll taxes, too. Total taxable capital gains in America are something like 2x the projected annual deficit.