Social Security May Increase Pressure for Progressive Taxation in the Coming Years
8 Pages Posted: 22 Nov 2016
Date Written: November 19, 2015
Social Security cost overruns indirectly create cash flow pressure on the Federal budget. Relieving this pressure may mean higher estate, high income and transaction related taxes in the next 5 -10 years. Therefore it is important to be prepared and be tax efficient.
Keywords: tax, social security, paygo systems
JEL Classification: A11
Suggested Citation: Suggested Citation