And like what he said about Social Security. If we tax rich people by like 1% or so, we're fine. I've done presentation after presentation after presentation here with five PhD economists showing, hey, Raise the cap for everyone over $400,000, you cover about 38% of the shortfall. Mr. President, learn your math. Because when you say that in front of a national audience, you steal away the seriousness of how do we have a discussion, a debate, a mechanism to, to actually fix a real problem. (03:12–03:18)
CLAIM
Asserts that raising the cap for incomes over $400,000 covers about 38% of the Social Security shortfall.
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.
