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**Bbjhjxfy** · 02-11-2012, 09:19 PM

Uh oh.. Looks like importing Jose the laborer is a net loser after all!

For people with lower than average earnings, the
ratio of the lifetime benefits they receive from Social
Security to the lifetime payroll taxes they pay for the
program is higher than it is for people with higher
average earnings. In that sense, the Social Security
system is progressive. For people in the bottom fifth of
the earnings distribution, the ratio of benefits to taxes
is almost three times as high as it is for those in the top
fifth.

http://www.cbo.gov/ftpdocs/77xx/doc7...ssivity-SS.pdf

But let's do it anyway.. Ya know?

02-11-2012, 09:19 PM	#28
Bbjhjxfy Join Date Oct 2005 Posts 398 Senior Member	Uh oh.. Looks like importing Jose the laborer is a net loser after all! For people with lower than average earnings, the ratio of the lifetime benefits they receive from Social Security to the lifetime payroll taxes they pay for the program is higher than it is for people with higher average earnings. In that sense, the Social Security system is progressive. For people in the bottom fifth of the earnings distribution, the ratio of benefits to taxes is almost three times as high as it is for those in the top fifth. http://www.cbo.gov/ftpdocs/77xx/doc7...ssivity-SS.pdf But let's do it anyway.. Ya know?
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