Jun 12, 2019
As the saying goes, if you want less of something, tax it. Recently, a House bill was proposed that would raise the taxable income cap for Social Security to about $400,000. Although there seem to be many reasons to cheer, would this create unintended consequences? What could be done instead? Is privatization the way to go? Join James Harrigan and Antony Davies this week as they suggest an elegant solution to a sticky situation on this week’s episode of Words & Numbers.
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Quick hits
Ladybugs:
Influencer can’t sell 26 shirts:
Foolishness of the week
Over-the-counter birth control:
https://www.livescience.com/24940-birth-control-pill-over-the-counter.html
Topic of the week: Social Security
The SECURE Act:
https://www.bankrate.com/retirement/how-secure-act-could-impact-retirement-savings/
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Antony Davies on Twitter:
https://twitter.com/antonydavies
James R. Harrigan on Twitter: