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In reply to the discussion: Hillary Clinton on Workers Rights, Labor Unions, and the Social Security Tax Cap. [View all]progree
(10,892 posts)47. Oops - looks like she walked away from raising the cap?
During her 2008 presidential bid, Clinton was relatively non-committal about reforms to the Social Security program. She said in 2007 that certain reforms such as cutting benefits, privatizing the program or raising the retirement age were "off the table." There were some articles at the time that gave mixed signals on whether she would be willing to increase payroll taxes.
One account from the Associated Press featured a conversation between a campaigning Clinton and an Iowa voter in which the candidate said she might consider committing more of workers' income to Social Security. "She told him she didn't want to put an additional tax burden on the middle class but would consider a 'gap,' with no Social Security taxes on income from $97,500 to around $200,000. Anything above that could be taxed," according to the article.
Ultimately, Clinton officially shied away from the increase in taxes, and stuck with official comments that revolved around improving the economy overall.
Source: Megan R. Wilson in TheHill.com weblog, "Clinton vs. Warren" , Aug 24, 2014
http://www.ontheissues.org/2016/Hillary_Clinton_Social_Security.htm
One account from the Associated Press featured a conversation between a campaigning Clinton and an Iowa voter in which the candidate said she might consider committing more of workers' income to Social Security. "She told him she didn't want to put an additional tax burden on the middle class but would consider a 'gap,' with no Social Security taxes on income from $97,500 to around $200,000. Anything above that could be taxed," according to the article.
Ultimately, Clinton officially shied away from the increase in taxes, and stuck with official comments that revolved around improving the economy overall.
Source: Megan R. Wilson in TheHill.com weblog, "Clinton vs. Warren" , Aug 24, 2014
http://www.ontheissues.org/2016/Hillary_Clinton_Social_Security.htm
Also, is there anything to this comment in #41?
Last time she ran (then) Senator Clinton supported following the advice of a bipartisan commission that favored raising the retirement age.
I see remarks on the Hillary_Clinton_Social_Security.htm page by her supporting appointing a bipartisan commission, but there's nothing about her approving and enacting everything they might come up with (I searched the page for "commission" . It would be a new commission (I'm rusty on my history of bipartisan commissions on Social Security and what they came up with. But I don't see anything about approving everything or anything any past commission has come up with).
All-in-all, it looks pretty wishy-washy, and I don't see any solutions to closing the funding gap except appointing a bipartisan commission, but with everything off the table, except maybe / maybe not raising the cap as in the first excerpt above.
Thanks
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Hillary Clinton on Workers Rights, Labor Unions, and the Social Security Tax Cap. [View all]
NYC_SKP
May 2015
OP
Would it be OK if I post daily facts so that members who are still on the fence can decide?
NYC_SKP
May 2015
#10
That's who I meant by "another little one who could grow up in the white house"!
NYC_SKP
May 2015
#15
Yes, compared to Bernie, Hillary is to the right on the important issues. And, compared to ANY
NoJusticeNoPeace
May 2015
#30
Thanks for the link. "Media Forget Context In Effort To Scandalize Hillary Clinton's Assessment..."
Cerridwen
May 2015
#6
Privatization, maybe? She seems to be avoiding that third-rail. Not particularly courageous.
NYC_SKP
May 2015
#21
So what SPECIFICALLY is she proposing to do to close the funding gap? (please see #20) nt
progree
May 2015
#25
Reagan era tax rates? You mean BEFORE he cut the top bracket to 28% (I hope) nt
progree
May 2015
#23
I agree. But this seems to be about as progressive as it gets, even Bernie Sanders is for the gap
progree
May 2015
#37
We'll soon (perhaps) get more clarity on Hillary's position on the retirement age and the cap
progree
May 2015
#48
"Clinton supported following the advice of a bipartisan commission that favored raising..."
NYC_SKP
May 2015
#54
I will have to look more into it, but my quick reaction is I don't disagree with your last sentence
progree
May 2015
#57
Well, except I don't agree with your "inference" about raising the retirement age
progree
May 2015
#60