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Showing blog posts tagged with tax cap

Rich Are Getting Richer and It's Hurting Social Security's Finances

Photo courtesy of the Alliance for Retired Americans.

While media pundits raise faux concern every time the Social Security trustees release their annual report, falsely declaring the program is in dire trouble—even though the future modest funding shortfall can easily be fixed by scrapping the cap—it's important we take a look at a major factor in Social Security's finances: rich people. 

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