Browsing Tag
payroll tax
10 posts
Group Warns on ‘Cost of Doing Nothing’ About Social Security
Peterson Foundation says waiting until Trust Fund depletion would necessitate payroll tax increases or benefit cuts about one-fifth higher than if the Congress acted today
Trump Calls for Elimination of Social Security Tax
No details offered beyond Truth Social post as supporters say it would help seniors and end double taxation; detractors point to program’s already troubled finances
Why Social Security Fix Needs to Happen Sooner vs. Later: Munnell
Investing trust fund in equities, raising payroll tax among potential fixes offered in Center for Retirement Research brief, which emphasizes how further delay hurts younger generations
Democrat Bill Resurfaces to Eliminate Federal Taxes on Social Security
Rep. Angie Craig reintroduces “You Earned It, You Keep It” Act, which would also raise the Social Security payroll tax
Social Security Benefits Need 23% Cut in 2034 Without Action: CBO
New report outlines scenarios while senior Treasury department official warns cuts would “decimate” retirees’ standard of living
New Bill Seeks to Abolish Tax on Social Security Benefits
House legislation proposed by Rep. Angie Craig (D-MN) would pay for the change by raising cap on payroll taxes
7 Bipartisan Ways to ‘Fix’ Social Security
Survey finds majorities of Republicans and Democrats favor raising Social Security taxes on wealthy and raising retirement age, while increasing benefits for low-income Americans
When Will Fatter 2022 Social Security Checks Arrive? (And More New Year Changes)
The New Year brings with it a 5.9% COLA increase for beneficiaries, but also a record Medicare Part B increase and some additional limit adjustments
Latest Social Security Bill Seeks to Keep Vulnerable Americans from Poverty
The latest Social Security-related legislation to be proposed on Capitol Hill is a bill introduced this week by…
Social Security 2021: What Will and What Might Happen
Some changes impacting Social Security beginning in 2021 we know about, and other potentially more significant ones are…