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View Diary: Barney Frank: Save Social Security by making the near rich pay a little more (146 comments)

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  •  How about... (0+ / 0-)

    get rid of the payroll tax altogether and just raise the income tax 7.5% (warning: back of envelope math) across the board?  This would make the overall tax system much more progressive and would implement a sort of "automatic" payroll tax cut in times of recession.

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