In 2025, the passage of the 'One Big Beautiful Bill' (OBBB) has stirred discussions about its impact on Social Security taxation. While the legislation introduces a temporary tax relief, it does not ...

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. A portion of an individual’s U.S. Social Security retirement, ...

We derive a fully non-linear optimal income tax schedule in the presence of private insurance. We fill the gap in the literature by studying the optimal tax formula with a comprehensive structure of ...