The Crisis in Social Security

The Crisis in Social Security

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The basic nature of the U.S. social security retirement system a€” both the taxes and the benefits a€” has remained unchanged for many years. ... The increase in social security payroll taxes will raise the combined employer- employee tax rate from its current 12 ... the 1977 social security amendments contain a new formula which will calculate benefits on the basis of average indexed monthly earnings.

Title:The Crisis in Social Security
Author:Michael J. Boskin
Publisher:Transaction Publishers - 1977-01-01


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