The Social Security program is one of the most popular and successful government programs in the United States. At the end of 2004, the OASDI trust funds held almost $1.7 trillion in Federal government bonds and notes. It is projected that the trust funds assets will be equivalent to over 20...

This study examines the link between income inequality and redistribution. Specifically, how inequality of market incomes affects (1) the size of the tax and transfer system, and (2) the redistributive effect of the tax and transfer system. Two models of government decision-making — the median...