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Most Americans contribute 6.2 percent of every paycheck to Social Security, but workers earning over 2,900 contribute nothing over that amoun,t due to a payroll tax cap. Around 75% of Social Security beneficiaries believe the Social Security taxable maximum should be eliminated to extend the solvency of the Trust Funds responsibly, without cutting benefits. Do you agree?.Consumers in the U.S. are used to have many choices when it comes to the products we buy. Usually that is a good thing. But sometimes it creates a dilemma in deciding which is the right one to get. It turns out that the problem of choice is creating concerns about which of the vaccines against the coronavirus we should take..To read our full recommendations to Congress or for more information on the recent budget deal, visit our website at..To say the least, it is controversial and there is reason to doubt it works. We know for sure that it is incredibly expensive. Having said that, here is some of the information we have seen.."Many older taxpayers probably did not even know they were getting a medical expense tax break for 2017, or this year," Johnson says. The 7.5 percent of AGI threshold was unchanged from what taxpayers age 65 and older paid in 2016, and before. That threshold, however, was formerly scheduled to rise to 10% of AGI in 201"Meanwhile taxpayers younger than 65 could only deduct medical expenses in excess of 10% under the former tax law, and so for that crowd it may have been noticed as a tax break," Johnson notes..My husband and I are both 65 and won't turn 66 until later in 201I'm entitled to a monthly benefit of 0 at 66, and my husband a benefit of about ,300. He originally planned to "file and then suspend" his benefit at 66 and continue working until age 70 while his benefit grew. Meanwhile at 66, I was hoping to take a spouse benefit based on his earnings of ,150. That would also provide me with a higher survivors benefit of almost ,100 per month by 2021 should anything happen to him. Because of the recent changes is this strategy no longer available to us?.and inexpensive generics but she suffered from extreme fatigue and depression..TSCL's all-volunteer Board of Trustees and legislative team including former Congressman David Funderburk and Mrs. Betty Funderburk look forward to working with both new and veteran lawmakers in the 113th Congress. For more information about our legislative agenda, click HERE..Ending the payroll tax, "would end Social Security as we now know it - as an 'earned' benefit that people pay for with taxes based on their wages," Johnson says. "If Social Security were funded out of general revenues instead, the program would be more like welfare - subject to the annual appropriations process, and the funding or repeal whims of Congress," she says.