CAP en Español
Small CAP Banner

An Affordable Step for a Vital Program

  • print icon
  • SHARE:
  • Facebook icon
  • Twitter icon
  • Share on Google+
  • Email icon

A number of years ago, I was at a meeting in Washington, with a group of lawyers and lobbyists. We were discussing economic issues and the talk turned to Social Security. One well-shoed lawyer suggested we solve our problems by eliminating the cap on Social Security taxes.

The way she saw it, at summer’s end, when her salary reached the cap – around $100,000 at that time – and Social Security taxes were no longer deducted, she “got a raise,” which meant that she had extra cash for new shoes and Christmas gifts. And, she pointed out that she didn’t really need new shoes.

Read more here.

This article was originally published in The New York Times.

To speak with our experts on this topic, please contact:

Print: Katie Peters (economy, education, poverty, Half in Ten Education Fund)
202.741.6285 or

Print: Anne Shoup (foreign policy and national security, energy, LGBT issues, health care, gun-violence prevention)
202.481.7146 or

Print: Crystal Patterson (immigration)
202.478.6350 or

Print: Madeline Meth (women's issues, Legal Progress, higher education)
202.741.6277 or

Spanish-language and ethnic media: Tanya Arditi
202.741.6258 or

TV: Lindsay Hamilton
202.483.2675 or

Radio: Chelsea Kiene
202.478.5328 or