The Economy Tomorrow: Social Security tax revenue comes from taxes on current workers wages up to a

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The Economy Tomorrow: Social Security tax revenue comes from taxes on current workers’

wages up to a cap. Social Security benefits go out to current retirees and are based on age and past earnings. In The Economy Tomorrow, it is discussed how in the near future tax revenue will be less than the benefits paid out. Identify three ways to keep this program in balance.

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The Micro Economy Today

ISBN: 9781118152003

15th Edition

Authors: Bradley R. Schiller, Karen Gebhardt

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