• The Cost of Cutting Social Security Taxes

  • Feb 26 2025
  • Length: 10 mins
  • Podcast

The Cost of Cutting Social Security Taxes

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  • Summary

  • Kent Smetters, Faculty Director of the Penn Wharton Budget Model, breaks down the economic impact of eliminating taxes on Social Security benefits, how it could accelerate trust fund depletion, and why younger generations may bear the long-term financial burden.

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