Manhattan Institute: 'Don't Bust the Cap Problems With Eliminating the Social Security Tax Cap'
April 15, 2024
April 15, 2024
NEW YORK, April 15 (TNSrep) -- The Manhattan Institute issued the following issue brief on April 11, 2024 by Brian Riedl entitled "Don't Bust the Cap Problems with Eliminating the Social Security Tax Cap."
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Here are excerpts:
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 bu . . .
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Here are excerpts:
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 bu . . .