Advocates call for 3 percent tax on income above $625,000, but opponents warn the bill could hurt the state’s competitiveness and drive the wealthy to other states.

3. Will the tax cut in the bill benefit the rich, the poor, or everyone? (Overwhelmingly, the rich.) 4. How much will the top 0.1 percent of earners stand to gain from it? (Nearly $390,000 per ...

President-elect Donald Trump was propelled into office largely due to a campaign message that promised to lift up working-class people and restore America to its former greatness. Yet, since the ...

With so much uncertainty surrounding Social Security and its solvency over the next 10 years, there is ongoing discussion about what, if any, steps should be taken. Short of a quick, bipartisan ...

Up to 85 percent of Social Security benefits are currently taxable for individuals with an income of more than $34,000, or a couple with a combined income of $44,000 or more. Read more ...

Social Security has long served as a financial safety net for millions of Americans, but the program faces increasing pressure. Read More: 40 States Where You'll Feel the Biggest Social Security ...

The acting commissioner of the Social Security Administration left her job this weekend after a clash with billionaire Elon Musk’s U.S. DOGE Service over its attempts to access sensitive ...

Social Security chief on wait times, technology upgrades and agency's future 03:22. Older Americans are filing for Social Security benefits at a record rate this year, a surge that could reflect ...

You can technically claim Social Security at any point after you turn 62. Every month you delay, your checks grow by anywhere from 5/12 of 1% per month to 5/9 of 1% per month until you reach your ...

The Social Security Administration gets about 390,000 calls per day, and the average wait time for those calls as of April was 68 minutes. Latest U.S.

Tax Adjustments “Higher-income earners might face increased payroll taxes or see more of their benefits taxed,” Miller wrote. “Currently, only wages up to $168,600 (in 2024) are subject to ...