Social Security Contributions: Biden’s Claim on Working People vs. Millionaires and Billionaires
Washington, DC – President Biden emphasized the disparity in Social Security contributions between ‘working people’ and millionaires and billionaires. The President highlighted the unequal burden placed on different income groups when it comes to funding social security programs. This discussion comes amidst ongoing debates about income inequality and fairness in the tax system. Biden’s remarks shed light on the fact that individuals with higher incomes do not contribute proportionately more to Social Security compared to …