Manchin agrees to progressive proposal

Manchin has agreed to a progressive proposal: to lift or eliminate the limit on the amount of a worker's income that is subject to Social Security tax.

This would fix a future insufficiency in Social Security funds, which certainly has to be fixed sooner or later, though not urgently. Of course, "moderate" politicians (plutocratists) want to fix it by cutting benefits, and they'd prefer to do this as soon as possible.

The hyper-rich get most of their income through paths other than wages, and not covered by payroll taxes. Thus, even after this change, they will still get a tax break that they do not deserve. (The same thing happens with income tax, though the details are different.) Nonetheless, the change will be a step forward.