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Bernie Sanders on Social Security: 10 things the self-described Socialist believes
Sean Williams of The Motley Fool lists presidential candidate and Independent Vermont Sen. Sanders’ views on Social Security. For much more detailed information on each, click here for the full article. The list of 10: 1. Sanders doesn’t believe Social Security is going bankrupt; 2. He rejects any proposal of privatization; 3. He opposes the core Republican proposal of raising the full retirement age; 4. Sanders has voted against lowering the upper tier of the taxation of Social Security benefits; 5. His focus is on lowering elderly and disabled poverty rates; 6. The senator wants minimum benefits for low-income workers increased; 7. Sanders favors the CPI-E COLA calculation; 8. Sanders wants the rich to pay their ‘fair share’; 9. He’s also coming after the investment income of the wealthy; 10. He wants to restore college-age student benefits.
The Association of Mature American Citizens (AMAC) believes Social Security must be preserved and modernized and has developed a bipartisan compromise bill, titled “The Social Security Guarantee Act” to rescue the program without taxing workers further. One of its several components is Social Security PLUS, a new yet voluntary early retirement plan that would allow all earners to have more income available at retirement. This component is intended to appeal especially to younger workers. Learn more about AMAC’s Social Security Guarantee here…