EVERY YEAR THE SSN AND MEDICARE SHORTFALLS WILL BE CALCULATED. NEW RULES; A SPECIAL PAYROLL TAX OF X % WILL BE ASSESSED EACH YEAR ON ALL INCOMES OVER $150K FOR THE AMOUNT OF THE SHORTFALL ONLY. EXCESS FUNDS CANNOT BE GENERATED FOR OTHER SPENDING PRIORITIES FROM THIS ASSESSMENT. THE TAX WILL INCREASE AND DECREASE TO MEET THE SHORTFALL.
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