Raising Ceiling on Payroll Taxes Could Solve SS "Crisis"

Some Republicans have even gone so far as to suggest the one approach Mr. Bush did not mention in his speech, raising the ceiling on income subject to payroll taxes, which is now about $90,000 a year. The idea appeals to some politicians because only about 6 percent of Americans earn more than $90,000 a year. Imposing Social Security taxes on incomes of up to $200,000 would come close to eliminating the entire deficit.
Mr. Bush has adamantly opposed any increase in payroll taxes. At least for the moment, that idea is off the table.
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