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View Diary: "Entitlement Reforms" That Progressives Can Support (113 comments)

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  •  When did this happen? (1+ / 0-)
    Recommended by:
    TomP
    2.  "Currently, earned income in excess of $113,700 is entirely exempt from the 6.2 percent payroll tax that funds Social Security benefits (employers pay a matching 6.2 percent). 5.2 percent of working Americans make more than $113,700 a year."
    Did Reagan do this or was it in the original law that FDR passed?

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