Image: 401kcalculator.org via Flickr Creative Commons, https://flic.kr/p/ayZi8V [The Intercept] A review of Michael Bloomberg’s many statements on Social Security over the last 10 years makes two things clear. First, Bloomberg deeply and sincerely believes that the well-being of the United States requires cuts to Social Security benefits. Second, Bloomberg has no idea how Social Security …
Millionaires Stop Paying Into Social Security for the Year, Highlighting Need to Scrap Payroll Tax Cap
Image: Philip Taylor via Flickr Creative Commons, https://flic.kr/p/bDdcmL [Common Dreams] Today, not even two full months into 2020, millionaires will stop paying into Social Security for the year due to the program's payroll tax cap. The cap limits annual wages subject to the Social Security payroll tax to the first $137,700. Sarah Rawlins, program associate …
Bloomberg (Still) Wants to Cut Social Security
Michael Bloomberg | Image: Azi Paybarah, https://flic.kr/p/61DFNL [Common Dreams] Of all the Democrats contending for the presidential nomination, Michael Bloomberg is the worst choice to debate Donald Trump on an overwhelmingly important issue: Social Security’s future. Bloomberg’s position on Social Security is to the right of Trump’s stated position — and widely out of step …
Continue reading Bloomberg (Still) Wants to Cut Social Security
Social Security Works - Washington 