Social Security Fix or Job Killer? Raising Social Security Tax Cap Could Cost 900,000 Jobs, Cut GDP
Raising Social Security’s taxable income cap could close funding gaps but cost jobs and reduce GDP, research finds.
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Why It Matters
The government could raise how much rich people pay into Social Security. But research shows this might mean fewer jobs and slower growth.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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