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Re:10-year Treasury yield climbs above 5.3% to a level not s... by kolanos on Wednesday September 30, 2026 @10:35PM (#49917024)
Why would someone contribute more than they are legally required?
Re:10-year Treasury yield climbs above 5.3% to a level not s... by Lightbody on Wednesday September 30, 2026 @10:40PM (#49917062)
They wouldn’t and with the current cap they don’t. Uncap it (or just raise the cap) and now they will have to contribute more.
Re:10-year Treasury yield climbs above 5.3% to a level not s... by judge2020 on Wednesday September 30, 2026 @10:40PM (#49917061)
Right now a ton of wages from top earners are not being taken out for social security because the cap is around 176k (for the current year); I'm assuming it would simply extend the timeline for it hitting its deficit.
Re:10-year Treasury yield climbs above 5.3% to a level not s... by patch_cable on Wednesday September 30, 2026 @10:38PM (#49917048)
I think the argument is for changing what is legally required.