Saving Social Security? Easy for Biden: Make the rich pay
Asked by CNN debate moderator Jake Tapper for “one specific step that you're willing to take to keep social security solvent,” President Joe Biden was succinct: “Make the very wealthy begin to pay their fair share.” YouTube Video Yes, lifting the cap on payroll taxes could “close roughly a quarter to nearly nine-tenths of Social Security’s solvency gap, depending on how they were structured.” Let's kick Trump to the curb once and for all. Support progressive news and activism with a $5 donation to Daily Kos today.
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Asked by CNN debate moderator Jake Tapper for “one specific step that you're willing to take to keep social security solvent,” President Joe Biden was succinct: “Make the very wealthy begin to pay their fair share.”
Yes, lifting the cap on payroll taxes could “close roughly a quarter to nearly nine-tenths of Social Security’s solvency gap, depending on how they were structured.”
