How did the new dealers fund the social security


How did the New Dealers fund the Social Security system?

  • The New Dealers offered no mechanism for funding the program, which led to an increase in the national debt
  • The program was funded by an increase in the income tax of the wealthiest 1% of Americans
  • The program was funded by contributions from workers and employers
  • The program was funded by a sin tax (taxes on alcohol and tobacco)

Solution Preview :

Prepared by a verified Expert
Dissertation: How did the new dealers fund the social security
Reference No:- TGS01398531

Now Priced at $5 (50% Discount)

Recommended (99%)

Rated (4.3/5)