The Burden of Social Security Taxes and the Burden of Excessive Health Care Costs
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Dean Baker,
David Rosnick,
Center for Economic and Policy Research,
4/7/2005
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Numerous politicians and commentators have claimed that the prospect of higher Social Security taxes in the future threatens the living standards of our children and grandchildren. However, the tax increases that the Social Security trustees and the Congressional Budget Office (CBO) project will be necessary to maintain the program’s solvency would have far less impact on the living standard of workers than the prospect of rising health care costs.
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Link to Issue Brief (PDF)
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Pages: 8
Price: Free
Ordering Information:
Center for Economic and Policy Research
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