The solvency of Social Security is easy to fix with steadfast, honest leadership. It's simple. We spend more than we bring in. We can't do that. The solution is to raise the payroll tax used to fund Social Security from 12.4% to 16%. Remember, that is split between the individual and their employer so as an individual, your payroll tax will go up from 6.2% to 8%. Sorry. That's the solution. But remember, we're lowering your overall tax burden AND you'll actually start getting something in return for your taxes (like a solvent Social Security program).
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