What is the main impediment that they are facing if they want to go back into the workforce? And I'll start with you, Ms. Gretzler. Thank you. … Somebody making $29,000 per year faces a 74% marginal tax rate due to the retirement earnings test. … sense one. And it would improve the economy, it would improve Social Security. So getting rid of the penalty first, you think that's the number one, the number one thing to do? (03:16–03:34)
CLAIM
Asserts that individuals earning $29,000 face a high marginal tax rate because of the retirement earnings test.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.