
827-How Quickly Will Social Security Run Out of Money?
Radical Personal Finance
00:00
The Ticking Time Bomb That No One Wants to Talk About
If a bill is passed, most of the most feared increases in taxes will have disappeared from that final bill. So all of your wages that are hundred forty two thousand 800 and lower, you're going to wind up with a total taxation on those wages of 12 point four % split,. Six point two % out of the employee pay check, six point two % directly from the employer. If you don't see these changes, then just know that it's going to get worse and worse and worse. And by the way, worse does not mean catastrophic. I'm pretty well persuaded.
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