claim: historically, the social security tax has been assessed on about 90% of u.s. income. now it captures 83% because there's been such a growth of income among the highest earners.
author: david cicilline
evidence_1: since its inception, social security has featured a taxable maximum (or "tax max" ). ... the tax max has been in place since social security's founding, but ...  historically, an average of roughly 83 percent of covered earnings have been ...  the early 1980s because earnings among above-max earners have grown faster  than ...
evidence_2: historically, the social security tax has been assessed on about 90% of u.s. ...  now it captures 83% because there's been such a growth of income among the ...
evidence_3: oct 26, 2018 ... since 1982, the social security taxable earnings base has risen at the ...  because the cap is indexed to the average growth in wages, the share of the ....  maximum taxes paid, and maximum retirement benefits . ... social security  taxes have been levied on covered earnings ... for example, because there.
evidence_4: feb 12, 2015 ... a new report looks at the rising toll of income inequality on social security. ... in  wage income in 2015 will have paid all of their social security ... because these  gains have been skewed toward the rich for many years ... now, according to the  cap report, it captures only 83%. ... and i'm all for such a debate.
evidence_5: may 20, 2015 ... there has been renewed interest in how medicaid is financed in light of the ...  number of medicaid and low-income uninsured patients; in many states, ... in the  federal budget following medicare and social security, the ... some of these  higher match rates are long standing, such as the 90 percent federal ...