I'm sure Quin would argue that he is incentivizing rather than
penalizing. Either way, my bigger problem with his proposal is that
it is quite a concession to those who want to raise the payroll tax
cap or remove it entirely. I understand that what Quin is proposing
is far more limited than that, but once you concede that we should
have a higher payroll tax cap to ensure progressivity and increase
the revenue flow to Social Security, then arguments against more
sweeping Democratic proposals come down to a matter of details.
topics:
Social Security