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One Perspective on Social Security and Attaining Wealth - TheStreet
Scott Galloway, New York University and podcaster views the Social Security tax as regressive because of the tax cap on earnings. He suggests that affluent people such as himself should not receive Social Security and that the program should be means tested to take better care of those who really need it.
Since Social Security does not provide enough to live on he proposes there are four components to wealth building which are: stoicism, focus, time and diversification. Jeffrey Quiggle for TheStreet explains here…
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