Federal tax revenue from payroll taxes declines 1.5% in FY2026 due to…

Gen X is a primary contributor to payroll tax revenues. As this cohort ages out of peak earning years and transitions to retirement, federal payroll tax collections will decline by at least 1.5% in FY2026 compared to FY2025, exacerbating fiscal deficits.

macro · Prediction Market

Implied probability (Yes)

80%

Closes

2026-09-30

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