Bipartisan Policy Center
Understanding the Net Investment Income Tax (NIIT)
Proposals to increase the Net Investment Income Tax (NIIT), instituted in 2010 under the Affordable Care Act, and to apply it as a new revenue stream in the quest to resolve the Social Security insolvency dilemma are resurfacing. The current…
Bipartisan Policy Center Official Testifies on Social Security’s Future
As noted in today’s headline article on this site, the temperature appears to be rising in Washington over Social Security’s looming financial disaster. Yesterday, before the United States Senate Committee on Finance Subcommittee on Social Security, Pensions, and Family Policy,…