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What is the drawback of having the social security taxes of young er workers pay for the benefits of older workers?
Wiki User
∙ 15y ago
the social security taxes you pay provide benefits for workers who have already retired. ======= There might not be enough younger workers if populations are declining or the younger workers may not earn enough to support themselves and pay the promised benefits to the older workers as the economy declines.
Wiki User
∙ 15y ago
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