READER FEEDBACK.

But by 2021, the share of earnings above the cap had grown to 18.6%, according to the Center for Economic and Policy Research (CEPR), a policy research organization that advocates raising the payroll tax cap. We should have said that income trends over several decades have shifted more earnings out of range of the program's supporting tax, and that is another factor leading to the funding shortfall. I thought your use of the hot-button and generally poorly defined term income inequality was misguided in writing about the cap on FICA taxes. [Extracted from the article]

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