WebFeb 2, 2024 · It’s Not Insurance. There Is No Trust Fund. Your Money Is Gone. This is because Social Security is not “insurance.”. It’s not a “trust fund.”. It’s just a tax and a … WebApr 8, 2024 · Similarly, Social Security solvency could be achieved with a 21 percent across-the-board benefit cut today, which would rise to 25 percent by 2034….” I will leave it to you to decide if this, while true, is intended to mislead…like pulling a red handkerchief out of your pocket “33% tax increase” while saying fast and low “( 4.2 percentage point)”.
Medicare and Social Security insolvency is right around the corner
WebMar 22, 2024 · Lynch’s ideas for improving the solvency of Social Security include some that have been proposed in the past, including increasing taxes on wages and “indexing the full … karl marx falling rate of profit
The Future Financial Status of the Social Security Program
Web1 day ago · Finally, we have a true shot at bipartisan Social Security reform. by Shai Akabas, opinion contributor - 04/13/23 3:00 PM ET. FILE – The Dome of the U.S. Capitol Building is visible in a ... WebApr 12, 2024 · If inflation isn’t slowed, they’ll impact the solvency of the trust fund even more. 3. Allow more legal immigration to boost the workforce. In the 1960s there were 5 workers for every retiree. Currently there are two workers per retiree – and jobs are going begging. More workers paying in means more money for retirees. 4. Raise the ... WebMar 13, 2024 · Radio Free Hillsdale 101.7 FM. 05:00. Play Audio. Add to Playlist. Share Report. In the midst of conflicting reports about the state of Social Security, what is the … laws attempt to define the ethics of society