Tax Policy Center

Social Security

Individual Taxes: TaxVox
Most Social Security reform proposals have focused on one goal: restoring the program’s long-run fiscal balance. Yet under all recent proposed restructurings we have examined—whether...
June 8, 2021C. Eugene SteuerleKaren E. Smith
Individual Taxes: TaxVox
The plan to expand the Child Tax Credit (CTC) proposed yesterday by House Ways & Means Committee Democrats included an important new feature—the IRS would...
February 9, 2021Elaine MaagHoward Gleckman
Individual Taxes: TaxVox
Typical millennial couples born in 1995 who retire in 2060 are scheduled to receive about $2.2 million in lifetime Social Security and Medicare benefits.
November 24, 2020C. Eugene SteuerleErald Kolasi
Campaigns, Proposals, and Reforms: TaxVox
Janet Yellen, president-elect Joe Biden’s pick for Treasury Secretary, would come to the job with largely predictable views on tax policy for a mainstream, center-left economist.
November 24, 2020Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
An amazing thing happened in this year’s presidential election. A major party candidate proposed raising Social Security payroll taxes. And won.
November 17, 2020Howard Gleckman
Individual Taxes: TaxVox
We recently compared Social Security proposals advanced by Democratic presidential nominee Joe Biden and four of his primary rivals.
October 12, 2020Melissa M. Favreault
Federal Budget and Economy: TaxVox
Throughout the 3 ½ years of his presidency, Donald Trump has disrupted nearly every major institution of government, save one.
August 10, 2020Howard Gleckman
: TaxVox
Presidential Budgets reveal much about the priorities of an administration. President Trump’s fiscal year 2021 budget, released in early 2020, proposes almost no additional resources...
June 9, 2020C. Eugene Steuerle
Individual Taxes: TaxVox
To its credit, the IRS has been quickly distributing the first tranche of rebates authorized under the Coronavirus Aid, Relief, and Economic Security (CARES) Act...
April 16, 2020Elaine Maag
Individual Taxes: TaxVox
Last night, the, the Treasury Department announced it was reversing course and would make direct coronavirus rebate payments to Social Security beneficiaries even if they...
April 2, 2020Howard Gleckman