Although defenders of Social Security note that the so-called trust fund can be kept going much longer through methods such as phased increases in the retirement age, additional means-testing (the taxation of Social Security benefits as income is means-testing per se), and increases in the rate of payroll taxation and of the base, under each of these reforms current workers provide funds that previous workers receive.
9.1.09
BAILOUTS YET TO COME. Marquette Warrior posted this Gary Varvel cartoon.
Although defenders of Social Security note that the so-called trust fund can be kept going much longer through methods such as phased increases in the retirement age, additional means-testing (the taxation of Social Security benefits as income is means-testing per se), and increases in the rate of payroll taxation and of the base, under each of these reforms current workers provide funds that previous workers receive.
Although defenders of Social Security note that the so-called trust fund can be kept going much longer through methods such as phased increases in the retirement age, additional means-testing (the taxation of Social Security benefits as income is means-testing per se), and increases in the rate of payroll taxation and of the base, under each of these reforms current workers provide funds that previous workers receive.
Labels:
decline and fall,
economics,
public policy
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