Social Security: Universal Or Selective?

actuarial agree American Enterprise Institute average monthly wage believe beneficiaries billion chutzpah consumer sovereignty contributions countries covered debate disabled disincentive doublethink earnings economic economists employer tax entitled federal financed gross national product high income classes incentive James Buchanan Laughter low income maximum means test ment Milton Friedman minimum benefit Myers nation negative income tax OASDHI TAX COLLECTIONS pay taxes payroll tax percent personal income tax political poor program present private insurance private pension plans problems Professor Cohen Professor Friedman proposal public assistance question rate tax receive redistribution reform 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 and benefit tax paid tax rate tion Tripartite trust fund U.S. citizens uniform payment wage cost wages and salaries welfare widow WILBUR workers