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Advice to President Obama's Deficit Commission: Tax Social Security Payments
Prof. Edward A. Zelinsky, OUPblog
[Opinion] Sept. 10, 2010 "[L]et me suggest one particular reform on the tax front: After Social Security recipients have recovered an amount equal to the cumulative FICA and self-employment taxes they have paid while working, their Social Security payments should be fully subject to federal income taxation. This change would make the Internal Revenue Code fairer and simpler while increasing federal revenues." MORE >> |
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