… unable to afford to heat their homes, we have got to raise Social Security benefits and expand the solvency of Social Security. And you know how you do that? You Lift the cap on taxable income. Right now a multi zillionaire pays the same amount into Social Security as somebody making $180,000. Lift that cap, we increase benefits and have Social Security solve it for 75 years. And as Brian mentioned, we have got to raise the minimum wage to a livable wage. (1:17:36–1:17:46)
CLAIM
Asserts that lifting the cap on taxable income would increase Social Security contributions from high earners.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
