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Taxing stocks, estates and employee benefits could keep Social Security from running out of money. Here’s who could pay the most.

Social Security is projected to become insolvent in six years. These are some of the creative solutions that are on the table, beyond raising payroll taxes.

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AI SUMMARY

# Summary Policymakers are considering alternative revenue sources like stock transaction taxes, estate tax increases, and modifications to employee benefit taxation to address Social Security's projected insolvency in 2030, rather than solely relying on payroll tax hikes. The proposals would shift the tax burden from traditional wage earners to investors, high-net-worth individuals, and corporations, potentially affecting capital markets and wealth transfer strategies for affluent Americans.

Content sourced from MarketWatch. Not financial advice.