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|