A new report suggests that even some Republicans are in favor of raising Social Security taxes by 13% to address the program’s funding crisis. This proposal would increase payroll taxes to 17.3%, affecting individuals with incomes over $400,000. The plan would also limit extra benefits for high-income earners and reduce benefits for retirees with non-Social Security income above certain thresholds. While opinions on Social Security reform vary widely among Americans, this proposal appears to have significant bipartisan support.
Source: https://www.marketwatch.com/story/even-republicans-want-to-raise-social-security-taxes-b7706492