Elizabeth Warren Urges New Social Security Taxes on Wealthy

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Elizabeth Warren Urges New Social Security Taxes on Wealthy
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Sen. Elizabeth Warren is proposing new Social Security taxes on wealthy Americans to ensure that the program will stay solvent

Sen. Elizabeth Warren is proposing new taxes on high-income Americans for the Social Security trust fund, making her the latest Democratic presidential hopeful looking to tap the coffers of the nation’s top earners to extend the life of the program.

The proposal is less dramatic than some other plans being floated in the Democratic Party. House Democrats are debating whether to advance a significant expansion of Social Security that would make the program solvent for at least 75 years through a combination of tax increases,...

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