By the terms of the Social Security Bill, enacted in August 1935, most payrolls in the U. S. are taxed 2%1% paid by the employer, 1% by the employeto pay for pensions for workers over 65. This enormous levy was bitterly debated in Congress before it was passed, has been bitterly debated by U. S. economists, political pundits and taxpayers ever since. Last week, two incidents caused the debate to wax more bitter than ever. One was the case of a Washington secretary named Mabel Shea. The other was a proposal to use...
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