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Cato Institute Releases Zogby Poll on Social Security

September 11, 1999

Yesterday, the Cato Institute hosted a Capitol Hill briefing by pollster John Zogby on the results of a new Zogby International poll on Social Security privatization. The poll, commissioned by the Cato Institute, revealed broad support for Social Security reform featuring personal accounts.

"These results transcend a good economy and bullish stock market," Zogby said. "Americans reveal a deep respect for choice. Young and old, white and minority, union and non-union prefer to have options when it comes to Social Security. It is especially notable among those who are under 50 years of age."

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  The Social Security payroll tax rate has grown from just 2 percent in 1949 to 12.4 percent today.
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- Paul Krugman
New York Times
September 6, 2002