As a financial planner, I see how important Social Security and Medicare are to providing a secure retirement. We must continue to live up to the promise that after paying into these programs, they will be there for us when we retire. While Washington Republicans have a decades long history of trying to privatize or gut these critical programs, I will work to ensure seniors who rely on social security have them when they need it most.
We can do this by making sure that millionaires and billionaires pay their fair share of taxes into the program. Our lax accountability system is allowing many of them not to pay their fair share into the program.
In addition, we need to benchmark how much of social security is being taxed as income as the system currently is putting the burden on the shoulders of lower earning retirees instead of the extremely wealthy.