Macron vs. Warren On Social Security

Macron vs. Warren On Social Security
Photo Credit: Surprised by Linda Eller-Shein is licensed under Pexels NA
Warren is proposing to increase Social Security benefits and fiddle with the program’s architecture in her fevered quest to make income redistribution the end goal of all federal activity.

Fans of representative government should be rooting for Macron to succeed with his pension reform, and for Warren to fail.

Warren would pay for her planned benefit expansions with a 14.8% payroll tax on all wages in excess of $250,000 per year, and with a new 14.8% tax on investment income for single filers with incomes exceeding $250,000 per year and married households with incomes over $400,000 annually.

If enacted, these taxes would transform Social Security from an earned retirement benefit into something closer to a social welfare program.  Higher income workers would earn no additional benefits for the added taxes they are required to pay.

President Franklin Roosevelt opposed operating Social Security as a welfare benefit because he believed doing so would weaken political support for the program.  Warren claims to be a defender of Social Security but she is undermining one of its core principles.


Help FAIRtax Get In The Presidential Debates in 2020

Enacting the FAIRtax must be a prominent topic on the Presidential Debate stage. We did it before, we can do it again, but we need your help!

Your gift of $25, $50, $100 – even $1,000 or more if you can possibly spare it – will help bring an end to the IRS and promote a FAIRtax. So, I urge you, please give as generously as you can.
To donate by check:
Americans for Fair Taxation
PO Box 4929
Clearwater, FL 33758

If you need to make changes to your existing Monthly Re-Occurring Donation with new card or billing address information, then Please call Adam Yomtov our New York State Co-Director. He is assisting with the administration of our donations, technology services, and website.

Please note: Inputting your new information at our website won't update your donation. The only way to update is by calling Adam Yomtov 917-689-3931 mobile.

Americans for Fair Taxation® is a 501(c)(4) non-profit, non-partisan grassroots organization solely dedicated to replacing the current income tax system with a fair, simple and transparent national consumption tax – the FAIRtax® Plan. We rely entirely on contributions from concerned citizens like you who want a tax system that will generate jobs and stimulate the economy. Welcome to the FAIRtax team!