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Social Security Taxes

Keeping Social Security Solvent

Vincent Gentile | Posted 03.03.2015 | New York
Vincent Gentile

I refuse to sit idle while others attempt to dismantle Social Security. I will not surrender to the fuzzy math of the anti-government crowd who think deregulation and privatization is a panacea for all ills -- real or imagined. I have a simple proposal that would keep Social Security solvent without slashing benefits.

Who Stops Paying Social Security Taxes After Today?

Teresa Ghilarducci | Posted 03.03.2014 | Money
Teresa Ghilarducci

Take a guess; how many Americans earn $50 million or more per year? Answer: 199 earn a wage or salary of over $50 million a year which turns out to be about $117,000 daily. Why are these fellow Americans interesting?

Places With The Highest Social Security Rates

U.S. News And World Report | Posted 04.27.2013 | Fifty

Workers pay 6.2 percent of their earnings into the Social Security system and employers pay a matching amount up to $113,700 in 2013. Workers who earn...

The MMT Grand Bargain: Raise Social Security Benefits and Suspend FICA

Warren Mosler | Posted 02.10.2013 | Politics
Warren Mosler

Every serious economic forecaster cuts his GDP and employment estimate with tax hikes and spending cuts.

Matt Sledge

47 Percent This Year Includes At Least 20.2 Million Seniors

HuffingtonPost.com | Matt Sledge | Posted 09.19.2012 | Politics

NEW YORK -- Senior citizens support Mitt Romney over President Barack Obama by a margin of about 20 percent, according to a recent Rasmussen poll. ...

Most Americans Say Raise Taxes To Save Social Security

AP | STEPHEN OHLEMACHER and JENNIFER AGIESTA | Posted 10.27.2012 | Business

WASHINGTON -- Most Americans say go ahead and raise taxes if it will save Social Security benefits for future generations. And raise the retirement ag...

Social Security's $134 Trillion Shortfall

AP | STEPHEN OHLEMACHER | Posted 10.12.2012 | Business

WASHINGTON (AP) — Social Security's long-term funding shortfall is big by any measure. How big? That depends on how you look at it. O...

Obama Sounds Warning On House GOP Bill

AP | ALAN FRAM | Posted 02.12.2012 | Politics

WASHINGTON — The White House promised a veto Tuesday for a Republican bill renewing a payroll tax cut next year for 160 million workers, complai...

New Social Security Proposal Has Senior Groups Up In Arms

AP | STEPHEN OHLEMACHER | Posted 01.07.2012 | Politics

WASHINGTON — Just as 55 million Social Security recipients are about to get their first benefit increase in three years, Congress is looking at ...

What You Pay For Medicare Won't Cover Your Costs

AP | RICARDO ALONSO-ZALDIVAR | Posted 05.25.2011 | Home

WASHINGTON — You paid your Medicare taxes all those years and want your money's worth: full benefits after you retire. Nearly three out of five ...

How To Save Social Security: The Sutton Rule

Richard Greener | Posted 05.25.2011 | Business
Richard Greener

Do you really believe Social Security would ever be in financial trouble if all income was taxed equally? Would Social Security benefits ever have to be reduced? Of course not.

Daschle and Geithner: Too Important Not To Be Confirmed?

Sandy Goodman | Posted 05.25.2011 | Politics
Sandy Goodman

People in high places ought to pay their taxes, to set an example for the rest of us. Especially the Treasury Secretary, who oversees the IRS.