Levy Social Security tax on wider range of incomes
Carter feels this system will be sound in the years to come. However, to assure that more money flows in than out, he advocates keeping inflation and unemployment down, as well as levying taxes on incomes ranging from $3,600 to $20-22,000 rather than
$2,760 to $15,300. He feels this salary range is more equitable, for it taxes those better able to afford it. Interested in keeping Social Security purely a retirement system, he advocates its separation from other federal systems.
Source: Jimmy Who?, by Leslie Wheeler, p.192
, Jan 1, 1976
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