Current law requires that Social Security funds be dedicated exclusively to the program’s obligations and that any funds not needed to pay benefits immediately be invested in US Treasury bonds.
Most states and localities impose a tax on retail sales. Such taxes generate a significant portion of state and local revenue.
A gross receipts tax is a levy on all business sales, regardless of whether the item is sold for consumption or intermediate use.
Older workers may choose to or need to continue working; however, they face discrimination, especially in layoffs and hiring.