When United States Congress created Social Security Administration payroll taxes in the 1930s, the law scheduled automatic tax-rate increases over time. However, Congress repeatedly postponed those increases during and
Category: Social Security
How it works, the issues for today and tomorrow.
Every truth you need to know about Social Security today‼️
All the trust fund transactions are government accounting procedures which have been in place since the start of SS, except the taxation of a portion
The next time you complain about paying taxes, consider the facts
While income taxes are not excessively high, the effective tax rate for the wealthy often exceeds half of all taxpayers.
Investing the Social Security Trust in the stock market…
Investing Social Security Trust Funds in stocks could offer higher long-term returns, but risks such as political influence outweigh these benefits.
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