Social Security has done more to reduce poverty and income inequality than either the tax code or the welfare system.

Question

Quizplus · Accepted Answer

Social Security provides a guaranteed income to older Americans, disabled individuals, and survivors, significantly reducing poverty among these groups. It is more effective in reducing poverty and income inequality compared to the tax code, which can have mixed effects, and the welfare system, which often provides more limited benefits.

Social Security Has Done More to Reduce Poverty and Income