SOFTWARE TAX SECURITY

Software Security and Security Software

mation security models or the fundamental building blocks used to create them. (A good example of this is “When Hashes Collide,” the first installment of the magazine’s newest department, Crypto Corner. Yet, we rarely read about security technology’s strengths and weaknesses in the specific hardware and software products used in real-world environments. Isn’t it curious that almost no published...

Tax reform options: promoting retirement security.

TAX PROPOSALS: Currently, the combination of worker and employer contributions in a defined contribution plan is capped by the federal tax code at the lesser of $49,000 per year or 100 percent of a worker's compensation (participants over age 50 can make additional "catch-up" contributions). As part of the effort to lower the federal deficit and reduce federal "tax expenditures," two major refo...

Retirement Security and Tax Policies: A Reply

Is There a Social Security Tax Wedge?

Is There a Social Security Tax Wedge? A Beveridgean pension scheme invariably introduces a wedge between the wage rate and the marginal take-home pay. A Bismarckian one can do so only if it is not actuarially fair, or in the presence of credit rationing. Interestingly, if the two possible sources of distortion are present at the same time, they will tend to offset each other. The distortion may...

Who Pays the Social Security Tax?