AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
Do we have a Deal?
Moody's Talks - Inside Economics
The Problem With Social Security
Right now, for social security, you pay you and your employer, each pay 6.2% on any wages up to $147,000. And you pay zero on anything above that into the social security trust fund. The share of wages that are taxed have been declining over time because wage growth has been going up more than whatever the cap is indexed in inflation by. So one thing you could do is say, look, we just want 90% of wages to be covered.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode