Tag: Social Security

Social Security was designed to replace wages for those no longer working, so claiming Social Security benefits is often used as a simple proxy for retirement. However, trends in employment at older ages cast some doubt on this assumption: many households over 65 report labor earnings as well as Social Security income, indicating that…
New book argues that balance requires the wealthiest top 1 percent to start paying taxes again Some observers point to the sorry condition of our federal finances as a rationale for cutting Social Security and Medicare – not to mention programs for the most vulnerable, such as Medicaid and SNAP. Indeed, federal spending in 2025…