A Republican Wants Higher Social Security Taxes?
Podcasts > The Watchdog on Wallstreet
Friday, June 26, 2026
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Chris reacts to a surprising bipartisan proposal from Senator Elizabeth Warren and Senator Bernie Moreno to eliminate the Social Security payroll tax cap. Supporters say it would strengthen Social Security's finances, but critics argue it would dramatically increase taxes on high earners and further transform the program from a retirement benefit into a wealth redistribution system. Is this a necessary fix—or just another massive tax hike?
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