Social Security Trust Fund Report Shows Program's Finances Getting Worse
After adjusting for inflation, Social Security's unfunded liabilitybetween now and 2075 has risen to $19.8 trillion.
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After adjusting for inflation, Social Security's unfunded liabilitybetween now and 2075 has risen to $19.8 trillion.
The three provisions of the Senate Finance Committee tax billdiscussed in this paper undermine good tax policy and harm U.S.competitiveness. Why, then, are politicians taking these steps?
If America does nothing, entitlements will crowd out other federalspending and push taxes to unprecedented heights.
Money-laundering bills moving through the House and Senate wouldallow the Secretary of the Treasury to label any jurisdiction a"primary money laundering concern" merely because it has a low-taxeconomy. This is the wrong approach. The United States should seekto punish nations that harbor terrorists and their money, notnations with low taxes and financial privacy.
Pension Reform in Sweden: Lessons for American Policymakers