The Regressive Impact of the Progressive Indexation of Social Security Benefits


 

Publication Date: May 2005

Publisher: Center for Economic and Policy Research

Author(s): Dean Baker

Research Area: Government

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.