Bernie Sanders Demands 'Scrap The Cap' On Social Security Taxes – It's 'Absurd' A Billionaire Pays Same Amount As Middle-Class Earners
- Posted on November 27, 2024
- By Yahoo News
- 2 Views
Bernie Sanders Demands 'Scrap The Cap' On Social Security Taxes – It's 'Absurd' A Billionaire Pays Same Amount As Middle-Class Earners
Social Security has reached a tipping point; the numbers paint a grim picture. If no changes are made, the program, a cornerstone of the American safety net, will face insolvency by 2035. Without intervention, benefits could be slashed by 17% in just over a decade, pushing millions of seniors into poverty. The problem stems from a widening deficit, a declining worker-to-retiree ratio and the growing strain of an aging population. While many agree that Social Security needs reform, how to fix it