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Changing the Rules for Social Security

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As the saying goes, if you want less of something, tax it. Recently, a House bill was proposed that would raise the taxable income cap for Social Security to about $400,000. Although there seem to be many reasons to cheer, would this create unintended consequences? What could be done instead? Is privatization the way to go? Join James Harrigan and Antony Davies this week as they suggest an elegant solution to a sticky situation on this week’s episode of Words & Numbers. Show your support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick hits Ladybugs: https://www.usnews.com/news/national-news/articles/2019-06-06/cloud-of-ladybugs-in-california-so-large-it-appears-on-weather-radar Influencer can’t sell 26 shirts: https://www.indy100.com/article/instagram-influencer-arii-t-shirt-sales-followers-fail-twitter-response-8936836 Foolishness of the week Over-the-counter birth control: https://www.livescience.com/24940-birth-control-pill-over-the-counter.html   Topic of the week: Social Security The SECURE Act: https://www.bankrate.com/retirement/how-secure-act-could-impact-retirement-savings/ Join the conversation Words & Numbers Backstage: https://www.facebook.com/groups/130029457649243/ Let us know what you think: mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter: https://twitter.com/antonydavies James R. Harrigan on Twitter: https://twitter.com/JamesRHarrigan

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