Poverty Is Not an Accident

Poverty Is Not an Accident
Nelson Mandela

Monday, August 29, 2011

*Countdown with Keith Olbermann - Bernie Sanders: Taxing the rich will p...

Published on Aug 26, 2011 by

Vermont Sen. Bernie Sanders expounds on his call for legislation that would apply the Social Security payroll tax to all incomes over a quarter of a million dollars. Doing so, Sanders told Keith, would ensure Social Security benefits for another 75 years.

In a speech to the United Steel Worker's Conference last week Sanders defended the program's solvency saying, "Social Security can pay out every benefit owed to every eligible American for the next 25 years. Social Security has not contributed one penny to the deficit. And I will be damned if they're going to cut Social Security."

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