One of the most important provisions in the new House GOP tax plan is the disallowance of the business deduction for net interest expense. While this is not the sort of tax provision that most individuals handle on a day...
- Video: Scott Hodge Discusses Payroll Tax Cuts on PBS'...
Video: Scott Hodge Discusses Payroll Tax Cuts on PBS' Nightly Business Report
Introduction Social Security benefits alone are not adequate to replace retirement income. They were never intended to be the only support in old age, merely part of a “three legged stool” in association with personal saving and...
Key Findings Under current law, the Social Security Retirement Trust Fund is projected to run out by 2034, requiring benefits to be cut by more than 20 percent. The Social Security Trust Fund’s shortfall is driven partly by the formula...
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