On the recordApril 15, 2008
What I have proposed is that we raise the cap on the payroll tax because, right now, millionaires and billionaires don't have to pay beyond... $106,000 a year.
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congress.govBarack Obama: “What I have proposed is that we raise the cap on the payroll tax because, right now, millionaires and billionaires don't…”
Editor's note · Context
Obama proposed raising the payroll tax cap to ensure fairness in Social Security contributions.
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