General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBiden's plan to save Social Security is progress in action.
Biden just put out an ad that I watched yesterday during a meaningless college football game about his plan to save SS from the orange bag of shit. I'll touch on this ad at the end of this thread, were I need DU's help with a web/youtube search..
Biden's plan..
1. Lifting the infamous $115,000 income cap on the FICA tax. If you earn $115k(approx) you stop paying FICA. That 115k number might be outdated. I knew that # from years ago, anyone give an updated number of the 2020 rate?
THIS ALONE WILL MAKE SS SOLVENT FOR DECADES TO COME.
Trump will bankrupt SS by 2023.
2. Biden will increase SS benefits for the most vulnerable/aged seniors. Those on SS for 20+ years will see a benefit increase due to increased need. It ain't easy getting old. I'm 49 and already feeling it.
Biden's plan also calls for increasing the smallest SS payments to keep people out of poverty, for people that had lower earnings in their working days.
3. Biden plan will also shore up Medicare. Vital to seniors. A direct lifeline to them.
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Those 3 points might be an par with the most progressive ideas that I've heard in my 49 year old lifetime, and I've followed politics closely since I was about 8 years old. I'm a nerdy poll watcher. I eat this stuff up like a vacuum cleaner since I was a kid.
Joe is the real deal.
I admit, I'm a former Bernie dude but Joe has highly impressed me. Like my screenname says, I'm all in 4 Joe/Kamala.
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Now, on to the "help" part I talked about earlier in this rant..
Biden put out this new ad very recently. I'd seen his pro-SS ad from about a month ago but this new ad played on that older ad even further.
It is a fucking home run and Biden needs to hammer this one home until 11/3.
The difference between this new SS ad and the older one is Biden lays out details of how he will save SS.
The keys to this new ad..
Biden will increase FICA on the wealthiest US citizens.
Biden will ad up to $1,300 a month to aging seniors who've been on SS for 20+ years.
Biden will increase the monthly benefits to the recipients of the smallest SS payments to move them above the poverty line.
Can anyone who is a tad more internet/search savvy find that ad and post it in the comments? I'll be eternally thankful and will make a new thread to give Joe's ad more love and will thank you in that new post.
To Joe, run that ad until winning day, 11/3.
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Biden's SS plan is among the most progressive plans I've seen from a Dem in my 49 year old existence.
And I'm a curmudgeony old yellow dog.
Joe, I'm impressed.
I talk to my elderly neighbors and have convinced them to change to supporting Joe/Kamala because of SS.
Please DU, help me find this ad and post it in the comments.
rsdsharp
(11,887 posts)Imallin4Joe
(885 posts)It show how fast this number rises. A total benefit to the rich.
It rises so damn fast that us pleebs can't even keep up.
Again, thanks.
montanacowboy
(6,692 posts)About time that cap on FICA earnings reflect today - go Joe, keep going.
Imallin4Joe
(885 posts)this ad inspired me to write this thread!!
Hoyt
(54,770 posts)Imallin4Joe
(885 posts)I hope another skilled DU'er posts the ad..
WyattKansas
(1,648 posts)Tax cuts years ago with wealth tax designed to shore up the decades of fiscal damage to the Trust Funds by the leveraged debt of wealthy elite tax cuts.
And from now on, spell out exactly where the wealthy elite tax cuts get financed... So what if most Americans get pissed off, at least they won't fall for the bullshit anymore.
Imallin4Joe
(885 posts)Instead of hiding tax shelters behind complicated language..
start talking about it with clear straightforward talk.
Complex, muddled bullshit only puts off voters.
Biden has a winning message with voters and needs to speak it to the masses.
Voters will respond!!
Imallin4Joe
(885 posts)the way that wealthy taxpayers have avoided taxes is sickening.
It's bankrupted our country. Thanks for alluding to that problem.
