Which of the following solutions do Diamond and Orszag propose to address the effect of earnings inequality on Social Security?
A) Raise the maximum taxable earnings base
B) Reduce benefits for relatively high wage earners
C) Create personal savings accounts to enable workers to have more control over their Social Security taxes
D) All of the above
E) A and B above
Correct Answer:
Verified
Q2: The most recent report from the Trustees
Q3: One criticism of Social Security is that
Q4: The income threshold for taxing Social Security
Q5: The "baby bust" generation does not have
Q6: When did Congress recognize that Social Security
Q7: Social Security was never intended to be
Q8: Which of the following is a benefit
Q9: It is projected that starting in 2024,
Q10: The Social Security trust fund holds personal
Q11: By 2030, Social Security and Medicare are
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