Russ Greene: Cutting Social Security benefits reduces returns for high earners

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Russ Greene: Cutting Social Security benefits reduces returns for high earners — Social Security marginal returns debate

Russ Greene raises the issue of how cutting Social Security benefits may impact the marginal tax rate on payroll taxes for high earners. He points out that at higher income levels, beneficiaries already receive a limited return for each additional increase in average earnings, with the marginal rate at 15 percent.

Greene also seeks references to literature that support this economic perspective.

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Greene has previously discussed proposals for a larger payroll tax hike and the introduction of an investment tax, describing the ongoing policy debate. In a separate report, he noted that Sinopec holds a higher ESG score than Chevron, Exxon, and Valero, citing data from S&P Global. These topics reflect Greene's continued focus on taxation and corporate evaluation metrics.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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