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Top related persons:
Eugene Steuerle - 1 Glenn Kramon - 1 Florence Estes - 1 I’ll - 1 MAGA - 1
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Security - 2 Social Security - 2 Social - 1 Millionaires - 1 Florence Estes Chicago - 1 Democrat - 1 Republican - 1 Medicare - 1

Search resuls for: "C. Eugene Steuerle"


2 mentions found


☆ Opinion | Postpone Social Security for the Sake of the Young?
  + stars: | 2023-11-18 | by ( ) www.nytimes.com   time to read: +1 min
The enormous income gap between workers and executives is a much more relevant factor in the lopsidedness of wealth distribution. The aging population is depicted as carefree, golf-playing, medically fit scammers living off struggling young wage earners. Social Security earnings are based on wages earned in a lifetime. The solution is not to raise the age limit for retirement but to eliminate the maximum taxable income for Social Security, currently $160,200. And to the authors, please stop finding ways to divide the young and the old.
Persons: Eugene Steuerle, Glenn Kramon, Florence Estes, I’ll Organizations: Security, Social, Social Security, Millionaires, Florence Estes Chicago Locations: U.S
☆ Social Security Is Now Enriching Older Americans at the Expensive of Everyone Else - The New York Times
  + stars: | 2023-10-26 | by ( C. Eugene Steuerle | Glenn Kramon | ) www.nytimes.com   time to read: +2 min
Like many past ones, it protects the growth of Social Security and Medicare — and cuts the share of the budget devoted to discretionary programs like science and research, environment and education. But there’s another way to help long-term: Those in late middle age will need to work longer as they live longer. That would help shore up revenue with additional Social Security taxes and the income taxes that largely pay for Part B of Medicare. We can adjust Social Security to help achieve that goal. We can both increase revenues and reduce spending by increasing the earliest retirement age from 62, and also the full-retirement age from 67.
Persons: MAGA Organizations: Democrat, Republican, Social Security, Medicare, Security Locations: Washington, France, Russia
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