CHANGES AHEAD: makeover.
Position | Social security |
While Social Security is a popular program, many Americans support changes to it-including some that would fundamentally alter the entitlement program. A survey found Americans supported the following reforms:
* Ensuring cost-of-living-adjustments (COLAs) keep pace with true inflation
* Taxing higher earners more to support Social Security
* Providing a Social Security credit to unpaid caregivers
* Providing COLAs only to middle- or low-income households
* Eliminating the cap on payroll taxes
* Privatizing part of Social Security benefits
* Means-testing benefits
Corrections to Fast Tax Facts
The following correction apply to the November issue's Fast Tax Fact feature (Page 9):
* The "Rate" under "California SDI" (Page 10, Column 1, second line from the bottom) should...
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