Bernie Sanders

Bernie Sanders's policies onTaxes

Lift the cap on the taxable income that goes into the Social Security trust fund

Right now, someone who earns $118,500 a year pays the same amount of money in Social Security taxes as a billionaire. This makes no sense.

As President, Sen. Sanders will apply the Social Security payroll tax on all income above $250,000 to expand Social Security benefits and to ensure that Social Security remains solvent for the next 50 years. This plan would only impact the wealthiest 1.5 percent of wage earners; 98.5 percent of wage earners in the United States would not see their taxes go up by one dime under this plan.

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