As we’ve reported previously here at NORA, many people are concerned about Social Security. One reason for these concerns is that the program is set to run short of funds within a decade.

Many solutions have been suggested to address this issue, but options are admittedly limited. Changes usually involve reducing benefits or increasing taxes. Some say that taxes on high-earning individuals could be used to make up the difference for this program.

This article by Lorie Konish of CNBC talks about how a switch at the top of the tax bracket could impact Social Security.

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