Well, there's a number of different ways to get more money into that Social Security channel trust fund. But the one that I think is most interesting is Right now you pay payroll taxes on your salary up until $185,000 a year. If you make $185,000 a year, you pay payroll taxes of 6% on that money. But after 185,000, let's say you make $200,000 a year, you do not pay payroll tax on that additional money over $185,000. (01:53–02:01)
CLAIM
Asserts that payroll taxes are only applied to income up to $185,000.
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