Without reform, Americans will be hit with more tax increases to keep the system from imploding

What No One Wants to Admit About Social Security Taxes

By Heritage Foundation Amy Payne —— Bio and Archives April 14, 2014

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It’s a bummer when you see how much income tax comes out of your paycheck. But when you see that Social Security line item, do you think, “At least that’s going to pay for my retirement”?

It’s not. The tax money you’re paying into Social Security today is going to fund today’s retirees. Who will pay for your benefits? The next generation of workers. More...

Heritage Foundation Amy Payne -- Bio and Archives | Comments

The Heritage Foundation is the nation’s most broadly supported public policy research institute, with more than 453,000 individual, foundation and corporate donors. Heritage, founded in February 1973, mission is
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