Social Security: Universal Or Selective?

actuarial agree American Enterprise Institute average monthly wage believe beneficiaries billion chutzpah COHEN consumer sovereignty contributions countries covered disabled disincentive doublethink earnings economic employer tax entitled equity federal financed high income classes higher incentive Includes Income Redistribution James Buchanan Laughter low income maximum means test ment Milton Friedman minimum benefit Myers nation negative income tax OASDHI TAX COLLECTIONS OASI Tax pay taxes payroll tax percent personal income tax political poor program present private insurance private pension plans problems Professor Friedman proposal public assistance question rate tax receive reform relation responsibility retirement revenues self-employed social insurance Social Security Administration social security benefits Social Security Bulletin social security program social security system social security tax Table tax paid tax rate taxes and benefits tion Tripartite trust fund U.S. citizens uniform payment wage cost Wages and Salaries welfare widow WILBUR workers