Kent Smetters, faculty director of the Penn Wharton Budget Model, breaks down the economic impact of eliminating taxes on Social Security benefits, how it could accelerate trust fund depletion, and why younger generations may bear the long-term financial burden.
This Week in Business
The Cost of Cutting Social Security Taxes
Wharton’s Kent Smetters discusses the impact of eliminating Social Security benefit taxes.
February 26, 2025
• 10 min listen
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