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Rachel Greszler: “Somebody making $29,000 per year faces a 74% marginal tax…”

Featuring: Rachel Greszler, Economist and Policy Analyst | National

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'That Is Wrong And We Need To Fix It': Ashley Moody Demands Social Security Reforms For Seniors

Published | Video Starts at 03:16

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.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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