Question: Increase (+) / Reduce (-) Payroll Tax Increase (+) / Reduce (-) Initial Benefits Social Security is financed primarily from a 12.4% payroll tax, split

Increase (+) / Reduce (-) Payroll Tax Increase (+) / Reduce (-) Initial Benefits Social Security is financed primarily from a 12.4% payroll tax, split equally between employer and employee. That tax could be increased or decreased. Increase or reduce initial benefits for new beneficiaries

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