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The Regressive Impact of the Progressive Indexation of Social Security Benefits
Publication Date: May 2005
Publisher(s): Center for Economic and Policy Research
Author(s): Dean Baker
Topic: Government (Public services and utilities)
Keywords: Retirement benefits; Privatized systems; Wage index
Type: Report
Coverage: United States
Abstract:
This paper shows that the "progressive" Social Security benefit cuts endorsed by President Bush in April 2005 would actually hit middle-income workers hardest.