Submitted by PM_Ur_Illiac_Furrows t3_11q7ed4 in dataisbeautiful
ktxhopem3276 t1_jc2hwnf wrote
Reply to comment by skilliard7 in [OC] US Social Security Fund History by PM_Ur_Illiac_Furrows
But the tax rate used to be a lot lower due to that. We raised the tax rate form 3% to 12% bc people wanted longer retirements. Also, infant mortality plays a big role in increased life expectancy but doesn’t effect retirement
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