Blacks do worse than whites because whites live longer.
The rich carry a much smaller burden as a percent of lifetime income than do low-income families. Boston University Economics Professor Laurence J. Kotlikoff, author of the study, will participate in the morning session of AEI's tax seminar. He will discuss the study's findings and detail its plan for a fully-privatized Social Security system. Kotlikoff is considered one of the world's leading experts on generational equity. His counsel is frequently sought in Washington, D.C. and by policymakers around the world.