Individuals in favor of privatization of Social Security believe that it would allow people to:
A)evade the exorbitant rates of Social Security taxes.
B)substitute purchases of stocks and other financial assets for a portion of their Social Security taxes.
C)lower their medical bill by taking extra precaution and care for their health.
D)experience a lower inflation in healthcare services.

Question

Quizplus · Accepted Answer

Privatization of Social Security would allow individuals to direct a portion of their Social Security taxes towards purchasing stocks and other financial assets, potentially leading to higher returns than the traditional Social Security system.

Individuals in Favor of Privatization of Social Security Believe That