Tag: earnings inequality
New data show strong relationship between earnings and life expectancy. As part of its review of a recent proposal, the Social Security actuaries provided another contribution to the extensive body of evidence showing that life expectancy is positively related to income and that the gap between those at the top and the bottom of t…
Abstract This paper decomposes trends in the distribution of earnings over the period 1982-2009 and calculates the effect of increases in dispersion in wage and salary earnings on revenues from the U.S. Social Security Old-Age and Survivors Insurance payroll tax. This tax is levied on earnings, up to a maximum that, with minor changes, has…
