Social Security Tax on Benefits Brightens No Solvency Path
The letter argues benefits taxation is a small share of Social Security costs and will stay minimal, though more retirees will pay taxes as income rises. It cites 2016 table figures and 2025 projections showing revenue from benefit taxation growing to about 5.3 percent of total revenue, while totals rise. The author criticizes lack of indexing and notes bipartisan inaction on repeal.
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J.B
Treasury General Account
Congress
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