America Needs To Move Seniors Out of Poverty and to Stop Choosing Between Food & Medicine

Thom plus logo For decades, progressives have been talking about eliminating the cap on the Social Security tax and raising Social Security benefits enough that retired and disabled people can actually survive. It makes no sense that working class people have to pay Social Security tax on 100% of their income and a billionaire might pay the Social Security tax on less than 1% of his income, At the same time seniors are cutting pills in half and literally eating dog food. Warren wants to use the money from removing the cap to give everybody on Social Security a $200 a month raise, which will lift 5 million seniors out of poverty, cut the senior poverty rate by 68%, and provide a strong stimulus to the economy because virtually every penny of that money will rapidly be spent.

It's time that wealthy people pay their fair share of Social Security taxes, and disabled and retired Americans who are struggling to get by in this Reaganomics economy don't have to make life and death decisions like, "Do I buy food or do I buy my prescription drugs?"

-Thom

Comments

Samthewise's picture
Samthewise 42 weeks 3 days ago
#1

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Willie W's picture
Willie W 42 weeks 3 days ago
#2

Eliminating the cap on SS would be such a simple fix. and most people would hardly notice. There's no cap on my school taxes, property taxes, sales tax, income tax, etc.

God forbid we should cripple the well to do with such a burden.

Hephaestus's picture
Hephaestus 42 weeks 3 days ago
#3

Since there is so much money in the economy fixing SS should not be an issue... now come on!

Andy Serrano's picture
Andy Serrano 42 weeks 5 hours ago
#4

Andy Serrano

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This message is to remind you that the role, annual subscriber, you acquired by making a purchase at our store will expire at Sep 19 2019 - 10:54am. It will be automatically renewed unless you cancel your subscription at Thom Hartmann. Thanks again, Thom Hartmann News. Opinion. Debate However, when I press the link, there is nothing there indicating how to cancel the subscription. If no one replies, I will have to contact my bank and ask them to stop payment.

webmaster's picture
webmaster 41 weeks 6 days ago
#5

Hi Andy

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