Bernie Sanders Demands 'Scrap The Cap' On Social Security Taxes - It's 'Absurd' A Billionaire Pays Same Amount As Middle-Class Earners

By Yahoo! Finance   |   1 year ago
Bernie Sanders Demands 'Scrap The Cap' On Social Security Taxes - It's 'Absurd' A Billionaire Pays Same Amount As Middle-Class Earners

Social Security faces insolvency by 2035, with a potential 17% benefit cut, due to deficit and aging population. Sen. Bernie Sanders advocates scrapping the cap on Social Security taxes, proposing fairer taxation to make the system solvent for 75 years and increase benefits.

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