The Problems w/Eliminating Social Security Tax Cap

Social Security’s deepening funding shortfalls are driving the system’s trust fund to within a decade from insolvency, which would mean an immediate 23% reduction in benefits. Social Security’s program deficits—which budget experts have warned for decades would occur as the 74 million baby boomers retire—remain largely ignored by politicians and political activists. However, when pressed […] Read Full Article »

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