Trump’s Plan To Remove Taxes on Social Security Will Backfire Unless It’s Paired With Reforms
The greatest threat to Social Security isn’t the current tax structure — it’s willful political denial of the program’s impending insolvency.
Social Security is facing enormous shortfalls. It is insolvent. Within the next ten years, no one will be able to avoid this reality — despite decades of politically expedient denial.
Yet as of today, both presidential candidates, Vice President Harris and President Trump, have announced they won’t touch the program. Trump wants to make it even more insolvent by lifting taxes seniors pay on benefits.
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