Pacific Standard Debut Cover

Seniors: How Taxed Are They?

The growing presence of older people in American political and economic life has been one of the major developments of the past half-century. With the leading edge of the baby boomers about to enter old age, seniors' significance can only become yet more pronounced. While no one doubts that the "graying of America" is a big story, very different versions of that story are in wide circulation. One group of commentators sees storm clouds on the horizon, with Social Security and Medicare entitlements leading to trillion-dollar federal deficits, younger workers being squeezed out of the job ... Read More