A Panel Discussion on January 19, 2024, hosted by the Warren B. Rudman Center for Justice, Leadership & Public Service at the UNH Franklin Pierce School of Law When: January 19, 2024, 12:00 to 1:30 pm Where: Panel discussion in Room G85…
Introduction According to public opinion polls, the most popular way to “fix” Social Security is by taxing the rich, specifically by increasing or eliminating the limit on wages subject to the Social Security payroll tax.[1] Despite the populist appeal of…
Download the pdf: Taxing-Social-Security-Benefits.pdf Introduction Prior to 1984, Social Security benefits were exempt from federal income taxes. Based on the recommendation of the 1983 Greenspan Commission, Congress enacted legislation to require Social Security beneficiaries with income above certain thresholds to pay…
Download the pdf: History and Future of the Social Security Trust Fund_ Part I Read Part II Read Part III Introduction Social Security is probably the most widely discussed but least understood government…
Download the pdf: The Fiscal Gap_ Useful Metric or Misleading Indicator Introduction The persistent shortfall between taxes and spending results in a rising level of government debt. Preventing the debt from reaching an unsustainable level will require Congress to…
Introduction The Constitution (Article I, section 9, clause 7) gives Congress the “power of the purse,” which means no money can be paid out of the Treasury unless it has been appropriated by an act of Congress. However, President Biden…