Workers Should Want to Pay More for Social Security

Economic Inquiry, 2006

15 Pages Posted: 3 Apr 2015

See all articles by J. R. Clark

J. R. Clark

The University of Tennessee at Chattanooga

Dwight R. Lee

Southern Methodist University (SMU) - O’Neil Center for Global Markets and Freedom

Multiple version iconThere are 2 versions of this paper

Date Written: 2006

Abstract

One controversial aspect of the current Social Security system has been the relative distribution of its net costs and benefits between employers and workers. Using simple supply and demand analysis, we demonstrate that proponents and opponents of the current system are making arguments that support the position of their adversaries. In particular, proponents of the existing Social Security system should be arguing that workers pay all of the Social Security tax and then some with lower wages, while opponents should be arguing that employers are paying most of the tax.

JEL Classification: H55, D78

Suggested Citation

Clark, Jeff R. and Lee, Dwight R., Workers Should Want to Pay More for Social Security (2006). Economic Inquiry, 2006. Available at SSRN: https://ssrn.com/abstract=2588464

Jeff R. Clark (Contact Author)

The University of Tennessee at Chattanooga ( email )

Department of Economics
Suite 313 Fletcher Hall
Chattanooga, TN 37403-2598
United States

Dwight R. Lee

Southern Methodist University (SMU) - O’Neil Center for Global Markets and Freedom ( email )

United States

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