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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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"These days, the eyes of Cato officials are gleaming at the prospect that privatizing Social Security, a project on which the 24-year-old think tank has worked for years, may be coming to fruition. If privatizers can overcome a few problems that worry their own supporters, it could be a bold new future, with Cato ideas leading the way."

- Hartford Courant
Feb. 26, 2001