Fortunately for you, weâve got the details on Mark Labbettâs net worth for 2017. In 2017, Mark Labbettâs net worth was estimated to be $2 Million.
Bush ready to raid social security to fund tax cuts. THE faltering American economy could force American President George Bush to break one of his key campaign pledges not to use the country's abundant social security funds to finance other areas of government spending.
In 1993, the amount of taxable benefits for upper income retirees was increased to 85 percent and payroll taxes rose to 12.4 percent. In 1996, the Social Security Trustees` Report stated that the system would begin to go into the red in 2012, and the trust funds would peter out by 2029. All members of the trustees` advisory panel concurred that at least some Social Security funds should be invested in the private sector.