There are also long-term financial concerns, which is why I support raising the income limits, or ‘scrapping the cap.’
Raise or eliminate the Social Security payroll tax income cap.
Occurrences
Evidence
Updated June 13, 2026. The article reports recent debate over eliminating the taxable maximum and describes the payroll-tax-cap issue as still requiring congressional action.
SSA states that OASDI limits earnings subject to tax and that for earnings in 2026, the contribution and benefit base, also called the taxable maximum, is $184,500.
Congress.gov lists H.R.4583 as introduced July 12, 2023, with latest action on December 17, 2024, referred to the Subcommittee on Social Security, and status 'Introduced.' CRS summary says the bill would subject income over $400,000 to Social Security payroll taxes.
Congress.gov lists Rep. DelBene, Suzan K. [D-WA-1] as an original cosponsor of H.R.4583 on July 12, 2023.
The bill text includes Title II, 'Strengthening the Trust Fund,' with provisions determining wages above the contribution and benefit base and including earnings over $400,000 in the Social Security benefit formula.
SSA's Chief Actuary wrote that the Social Security 2100 Act was introduced July 12, 2023, and described sections 201 and 202 as applying the combined OASDI payroll tax rate to covered earnings above $400,000.
Assessments
The promised federal policy change was not enacted: Social Security still has a taxable maximum in 2026, and the cited Social Security 2100 Act remained introduced/referred rather than passed. DelBene did materially support an aligned bill as an original cosponsor, so this qualifies as a serious legislative attempt but not delivery of the outcome.