Question: Discuss the following quotation: The ongoing effort to partially convert Social Security from a payroll tax financing to income tax financing by further cutting the

Discuss the following quotation: “The ongoing effort to partially convert Social Security from a payroll tax financing to income tax financing— by further cutting the payroll tax . . . and replacing the funds with general revenues— may in short order put an end to the longstanding conception of Social Security as a benefit earning by worker contributions” [Blahous, 2011].

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