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2024-08-02 21:01:36

Brian Jopek on Nostr: But cutting income taxes on Social Security income would ultimately harm the program ...

But cutting income taxes on Social Security income would ultimately harm the program by cutting off one of its funding sources – taxes — which in turn would likely hasten the insolvency of its trust funds, experts told CBS MoneyWatch. If that occurred, the Social Security Administration could be forced to make larger benefit cuts a year earlier than is now forecast. - CBS News
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