Established during the Great Depression, the Social Security retirement system is funded by a 12.4 percent tax, split between workers and employers, on all wages up to $113,000.
It's the nation's oldest entitlement program and one of its most beloved. Yet it's also a fiscal and demographic disaster that desperately needs to be reformed right now for at least three reasons.
Wednesday, 10 July 2013
3 Reasons to Fix Social Security Now!
From
Theo Spark
at
23:00
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