The term “mandatory saving floor” caught my eye in the abstract for a paper titled “Getting Americans to Save: In Defense of (Reformed) Tax Incentives.” I didn’t have time to read the paper, but I’m curious what the author, a tax professor at a major law school, meant by that. Is he proposing mandatory retirement account contributions for all wage earners? That’s an idea that’s been around for a while, but I think there are serious questions about its viability. Anyway, isn’t that essentially what the social security tax was meant to be?
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AuthorThe contents of this blog, this web site, and any writings by me that are linked here, are all my personal commentary. None of it is intended to be legal advice for your situation. Archives
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