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2/06/2016 8:02 am  #1


Feeling the Bern, to Raise taxes

Bernie Sanders Calls On Hillary Clinton to Make Social Security Pledge

A day after a hard-fought debate in New Hampshire, a more combative Bernie Sanders called on Hillary Clinton on Friday afternoon to pledge to expand Social Security benefits, challenging his opponent on a top issue for progressives.

Sanders has made expanding Social Security payouts to seniors a central part of his campaign. “I ask Secretary Hillary Clinton to join me in making it very clear that, number one, she will not support any cuts to Social Security,” Sanders said at a town hall in Exeter, N.H. on a snowy Friday.

“And number two, that she will join me in saying it is imperative that we increase and expand benefits for senior citizens and disabled veterans on Social Security,” Sanders continued.

Clinton has pledged to expand Social Security for widows and has also said she is open to increasing taxes on the wealthy to put more funding into the program, but she has not committed to expanding the program as Sanders has, something grassroots progressive groups have called for.

When Sanders tweeted later on Friday at Clinton and repeated his pledge asking her not to cut Social Security, the former secretary of state shot back, saying “I’ll expand it” and adding “enough false innuendos.”

Sanders has differentiated himself from Clinton on Social Security before, but has never called on her to pledge to expand it. His plan would raise the cap on taxable income for Social Security, requiring those making over $250,000 to contribute the same percentage of this income as middle-class families. That would increase Social Security benefits to seniors by an average of $65 a month.

“We have millions and millions of seniors trying to get by on $11,000, $13,000 a year in Social Security benefits,” said Sanders on Friday in Exeter. “Trying to buy some bread, some food, some medicine, trying to keep their house warm. You know what? You can’t do it on 12,000 a year.”

Sanders’ challenge over the widely popular government program comes as he and Clinton debate their progressivism, with Sanders saying he doubts the former Secretary of State’s commitment to liberal values due to her large Wall Street campaign contributions. Clinton has shot back, saying Sanders’ standards would exclude President Obama and most prominent Democrats from being progressive.

Progressive groups like Democracy for America and Progressive Change Campaign Committee have called on Democratic candidates, including Clinton, to commit to expanding Social Security benefits.

http://time.com/4210399/bernie-sanders-hillary-clinton-social-security-2/

Last edited by Goose (2/06/2016 8:03 am)


We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists. 
 

2/06/2016 9:18 am  #2


Re: Feeling the Bern, to Raise taxes


"Do not confuse motion and progress, A rocking horse keeps moving but does not make any progress"
 
 

2/06/2016 9:26 am  #3


Re: Feeling the Bern, to Raise taxes

Hey, hey, hey.  I'm feelin' the Bern! 

 

2/06/2016 9:49 am  #4


Re: Feeling the Bern, to Raise taxes

Well, if he wants to eliminate the cap on income susceptible to the SS tax, the fair thing would be to eliminate the cap on benefits when one retires.
Right now there is a max on your monthly benefits.

I also think we need a serious discussion here if we change the mission of SS. I always thought that SS was a form of insurance for old age and disability, NOT a method to redistribute wealth.

The system already has mechanisms that favor lower income workers.

The largest component of OASDI is the payment of retirement benefits. These retirement benefits are a form of social insurance that is heavily biased toward lower paid workers to make sure they do not have to retire in relative poverty.

During working years, the low wage worker is eligible for the Earned Income Tax Credit (FICA refunds) and Federal child credits and may pay little or no FICA tax or Income tax. 


For those few cases where workers with very low earnings over a long working lifetime that were too low to receive full retirement credits and the recipients would receive a very small Social Security retirement benefit a "special minimum benefit" (special minimum PIA) provides a "minimum" of $804 per month in Social Security benefits in 2013. To be eligible the recipient along with their auxiliaries and survivors must have very low assets and not be eligible for other retirement system benefits. About 75,000 people in 2013 receive this benefit

By CBO calculations the household incomes in the first quintile and second quintile have an average Total Federal Tax rate of 1.0% and 3.8% respectively. Higher income retirees will have to pay income taxes on 85% of their Social Security benefits and 100% on all other retirement benefits they may have. *

Also, as we pass the $19 Trillion debt road marker, isn't time to question the ever-expanding social safety net, and whether we can afford ?

https://en.wikipedia.org/wiki/Social_Security_(United_States)
 


We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists. 
     Thread Starter
 

2/06/2016 9:51 am  #5


Re: Feeling the Bern, to Raise taxes

Just Fred wrote:

Hey, hey, hey.  I'm feelin' the Bern! 

What I've been wondering:   Is that like Chris Matthews' "feeling the tingle"?
 


Life is an Orthros.
 

2/06/2016 9:54 am  #6


Re: Feeling the Bern, to Raise taxes

Just Fred wrote:

Hey, hey, hey.  I'm feelin' the Bern! 

I'm sure you can get some kind of ointment to help with the Berning sensation.  

 

2/06/2016 10:01 am  #7


Re: Feeling the Bern, to Raise taxes

Ha!  You guys are funny.  Feel the Bern!  Woooo woooo!   

 

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