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Tax Day Thoughts: Social Security Implications of Tax Cuts

Former chief of staff for Congress’ Joint Committee on Taxation. Edward Kleinbard examines the recent tax package crafted by Congress in terms of its long-term implications for programs like Social Security and Medicare, given the federal deficit issue. Kleinbard’s analysis focuses on two options, taxation and benefit reductions, as pathways to addressing the economy’s long-term problems. Read his Los Angeles Times post here…

 

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