U.S. Markets close in 3 hrs 53 mins
  • S&P 500

    4,403.63
    +49.44 (+1.14%)
     
  • Dow 30

    34,342.01
    +422.17 (+1.24%)
     
  • Nasdaq

    14,898.78
    +152.38 (+1.03%)
     
  • Russell 2000

    2,222.56
    +36.38 (+1.66%)
     
  • Crude Oil

    70.51
    -0.05 (-0.07%)
     
  • Gold

    1,779.30
    +1.10 (+0.06%)
     
  • Silver

    22.80
    +0.23 (+1.01%)
     
  • EUR/USD

    1.1745
    +0.0015 (+0.1292%)
     
  • 10-Yr Bond

    1.3090
    -0.0150 (-1.13%)
     
  • Vix

    21.41
    -2.95 (-12.11%)
     
  • GBP/USD

    1.3669
    +0.0005 (+0.0369%)
     
  • USD/JPY

    109.5960
    +0.3760 (+0.3443%)
     
  • BTC-USD

    44,590.88
    -3,435.44 (-7.15%)
     
  • CMC Crypto 200

    1,080.31
    +39.83 (+3.83%)
     
  • FTSE 100

    7,083.37
    +102.39 (+1.47%)
     
  • Nikkei 225

    29,639.40
    -200.31 (-0.67%)
     

The tax shock that could save Social Security

·3 min read
The tax shock that could save Social Security

If they come for our Social Security and Medicare checks in a few years’ time – and there is an ominous chance that they might – the month just past will be worth remembering. It was in June 2021 that we got clear confirmation that we could rescue our country’s retirement system simply, fairly and without breaking a sweat. ProPublica, a nonprofit investigative public interest website, got hold of the secret tax filings of the superrich.