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The Rising Toll of Inequality on Social Security: A new report looks at the rising toll of income inequality on Social Security
Class warfare has stormed into the Social Security debate. As of Feb. 12, a provocative report says, people on track to earn $1 million in wage income in 2015 will have paid all of their Social Security payroll taxes for the year. This statement appeared in a report this week from the Center for American Progress, which describes itself as a progressive think tank. It is a straightforward calculation…Read More…
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