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Raising the Wage Cap No Painless Solution to Social Security's Fiscal Woes
Publication Date: January 2007
Publisher(s): Heritage Foundation (Washington, D.C.)
Author(s): David C. John; David C. John
Series: WebMemo
Topic: Banking and finance (Taxation and tax policy)
Keywords: Social security; economy; taxes
Type: Brief
Coverage: United States
Abstract:
Raising payroll taxes is the wrong solution to Social Security's long term financing problem, and it is not the way to achieve retirement security for Americans.