1825 K Street, NW, Suite 400, Washington, DC 20006
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Social Security will go broke as baby boomers retire. We need a new system that allows workers to invest their own money and earn higher returns in the stock market.
Social Security is in surplus now and faces no problems for four decades. Any long-term projected shortfall can be eliminated simply by requiring everyone to pay payroll taxes on their entire income. The winners under privatization will be Wall Street brokers showered with management fees. For seniors, privatization will simply increase individual risk and leave more people in poverty.
1825 K Street, NW, Suite 400, Washington, DC 20006
202-955-5665 (tel) | 202-955-5606 (fax) | www.ourfuture.org