Econ Comments & Analysis
Washington Times | Social Security fix would require big tax increase
Preserving Social Security for the next 75 years without reducing any projected benefits would require an immediate and permanent 3.4 percent payroll tax increase, the Congressional Budget Office said Tuesday in a new report looking at long-term budget challenges that shows there are no easy options left.
Blogs
WSJ | Japan PM Adviser Worried Tax Hike Will Dent Abenomics
Etsuro Honda, one of Japanese Prime Minister Shinzo Abe’s closest economic advisers, isn’t happy that the premier appears to have made up his mind to go ahead with a planned sales tax hike in April.