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The Case for Cutting High Earners' Social Security Benefits
Analysis February 16, 2024 at 03:57 PM
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What You Need To Know
- A new analysis by the Cato Institute's Romina Boccia points out some stark differences between the retirement safety nets in the U.S. and the U.K.
- Wealthy people in the U.S. get far more back from Social Security than their European peers.
- A reduction in benefits for higher earners, while painful, is one of few viable solutions, Boccia argues.
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