Tag: Social Security trust fund
Abstract This study calculates the impact of federal income taxes on the progressivity of the Old Age and Survivors Insurance (OASI) program. It uses the Health and Retirement Study (HRS) data linked with the Social Security Earnings Records to estimate OASI contributions and benefits for individuals and households, before and after income taxes, for thr…
One could have hoped that the nation could come through this electoral season with only a nod to the desire to fix Social Security’s modest financing shortfall as quickly as possible. Alas, that is not to be! Instead, Governor Perry and others have big plans for fundamentally changing the nation’s primary retirement program. The Governor…
