Kotlikoff: With US ‘Broke,’ Entitlement Taxes Must Be Raised

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Laurence Kotlikoff, College of Arts & Sciences

Social Security and Medicare are bankrupting the economy, and the payroll tax needs to be raised four percentage points to keep Social Security solvent, says Boston University economics professor and author Laurence Kotlikoff…

Expert quote:

“We need to do really radical things immediately and keep doing them pretty much forever.”

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