Reducing Inequality Through Social Security

July 9, 2016

This paper supports the need to focus not only on ensuring Social Security’s solvency for future generations, but building the program’s ability to support all working Americans.

Using data from the Social Security Administration, the authors determine that income inequality would experience a small reduction if Social Security reform includes both removing the maximum taxable earnings cap and increasing the minimum benefit.

Authors: Peter Arno and Kyle Moore
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