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It might be nice to reduce the large share of benefits going to high earners who retire later and live long lives. To read about our federal finances, one would think we had been overtaken by forces beyond our control: extremely expensive healthcare programs, ever-growing interest payments on our debt, and runaway Social Security benefits…
The One Big Beautiful Bill Act deduction that could encourage bad actors. Let me start by heading off some angry mail: I’m all for rewarding hard work. But the “No Tax on Overtime” deduction of the “One Big Beautiful Bill Act” (OBBBA) gives me pause. There’s evidence that many more people than expected are claiming…
