Summary:
It's not well-known that people pay into Social Security only on the first 7,000 they make. While most fall far below this level and pay year-round, those with high salaries only contribute for part of the year.The LensSocial Security Independence DayStephanie Kelton | Professor of Public Policy and Economics at Stony Brook University, formerly Democrats' chief economist on the staff of the U.S. Senate Budget Committee, and an economic adviser to the 2016 presidential campaign of Senator Bernie Sandershttps://stephaniekelton.substack.com/p/social-security-independence-day
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
It's not well-known that people pay into Social Security only on the first 7,000 they make. While most fall far below this level and pay year-round, those with high salaries only contribute for part of the year.The LensSocial Security Independence DayStephanie Kelton | Professor of Public Policy and Economics at Stony Brook University, formerly Democrats' chief economist on the staff of the U.S. Senate Budget Committee, and an economic adviser to the 2016 presidential campaign of Senator Bernie Sandershttps://stephaniekelton.substack.com/p/social-security-independence-day
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Bill Haskell writes From the Middle Out and Bottom Up
Joel Eissenberg writes The business model of modern universities
Bill Haskell writes The Economics of Killing Medicaid . . .
Angry Bear writes Healthcare in the United States
It's not well-known that people pay into Social Security only on the first $147,000 they make. While most fall far below this level and pay year-round, those with high salaries only contribute for part of the year.
The Lens
Social Security Independence Day
Stephanie Kelton | Professor of Public Policy and Economics at Stony Brook University, formerly Democrats' chief economist on the staff of the U.S. Senate Budget Committee, and an economic adviser to the 2016 presidential campaign of Senator Bernie Sanders
https://stephaniekelton.substack.com/p/social-security-independence-day