re: Florida Black Panther leader gets robbed by black teen. Calls Police

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Footnotes: The calculations assume that the retiree worked from 22 until retiring at 65. The tax totals listed here are higher than the retirees actually paid. Why? The Urban Institute statisticians adjusted the value of the taxes to reflect inflation — so a dollar paid in Social Security taxes in, say, in 1980 is adjusted upward as if the worker had paid it in current dollars — and a 2 percent interest rate is tacked on top of that to mimic what would have happened to those dollars had they been put in a personal savings account. (Of course, using another percentage would make a difference.) For Medicare, (a) the calculations figure that the recipient paid both her tax and her employer’s contribution (because economists typically think of that as money the employer would otherwise spend on wages instead) and (b) they subtract the cost of Medicare premiums before totaling up the benefits

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