Barack Obama on Social Security
• Raise cap on payroll tax for 3% of earners over $102,000. (Apr 2008)
• Raise $97K cap on payroll tax exempting earnings under $250K. (Apr 2008)
• Must capture new revenue; no new Social Security Comission. (Apr 2008)
• Stop any efforts to privatize Social Security. (Feb 2008)
• FactCheck: Removing $97,500 cap would be $1.3T tax increase. (Nov 2007)
• Cutting benefits & raising retirement age are wrong answers. (Nov 2007)
• The wealthy should pay a bit more on the payroll tax. (Oct 2007)
• Privatization puts retirement at whim of stock market. (Sep 2007)
• Stop any efforts to privatize Social Security. (Aug 2007)
• No privatization; but consider earning cap over $97,500. (Jul 2007)
• Stock market risk is ok, but not for Social Security. (Oct 2006)
• Raise the cap on the payroll tax on wealthy individuals. (Jan 2006)
• $2000 tax credit for Working Families Savings Accounts. (Jul 2004)
• Voted NO on establishing reserve funds & pre-funding for Social Security. (Mar 2007)
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