Andrew Follett says Social Security’s 12.4% payroll tax falls more than $210 billion short of annual benefit costs. He says the gap now exceeds the U.S. Army’s yearly budget, with current workers funding current retirees and taxpayers bearing the strain since 2010.
published
Andrew Follett says Social Security’s 12.4% payroll tax falls more than $210 billion short of annual benefit costs. He says the gap now exceeds the U.S. Army’s yearly budget, with current workers funding current retirees and taxpayers bearing the strain since
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