OnTheIssuesLogo

Mark Stewart on Social Security

 

 


Allow Americans to opt out of Social Security

Q: Do you support or oppose the statement, "Privatize Social Security"?

A: Yes, we should allow Americans to opt out of Social Security. A government fiduciary can remain for those who trust government more than themselves to conservatively invest for retirement. But many people, especially young people, will want to opt out. They can thereby save 15.2% a year. They can let that money build, earning interest in the vehicles they or their private fiduciaries see fit. And they don't have to wait to age 65 (soon to be 70) to use that money. If buying a home, starting a business, or putting a child into private school is more important, that couple has a USABLE nest egg.

Source: Email interview on 2016 presidential race by OnTheIssues.org , Dec 3, 2015

Blacks should be irate about forced Social Security

Q: You suggest opting out of Social Security; but the majority of citizens support the program; how do you persuade them?

A: Remember, Social Security is the most regressive tax we have. Forced contributions stop above $106,000 in earnings, meaning the $500,000 earner is takes at around 3.5% while the $40,000 earner is taxed at 15.2%. Think that's unfair? How about dying before you reach 65--Your return on all that you invested in Social Security is ZERO. Think that's unfair? How about being African American in this system--On average African American men die at age 65.9; they are able to recoup for less than one year after retiring. By contrast White men on average dies at age 73.2. Thus they collect on average NINE times longer than the African American male. Blacks should be absolutely irate about forced Social Security.

Source: Email interview on 2016 presidential race by OnTheIssues.org , Dec 3, 2015

Other candidates on Social Security: Mark Stewart on other issues:
Incumbents:
Pres.Barack Obama
V.P.Joe Biden
2016 Democratic Candidates:
Gov.Lincoln Chafee(RI)
Secy.Hillary Clinton(NY)
Gov.Martin O`Malley(MD)
Sen.Bernie Sanders(VT)
Sen.Jim Webb(VA)
2016 Third Party Candidates:
Roseanne Barr(PF-HI)
Dr.Jill Stein(G-MA)
Robert Steele(L-NY)
2016 GOP Candidates:
Gov.Jeb Bush(FL)
Dr.Ben Carson(MD)
Gov.Chris Christie(NJ)
Sen.Ted Cruz(TX)
Carly Fiorina(CA)
Gov.Jim Gilmore(VA)
Sen.Lindsey Graham(SC)
Gov.Mike Huckabee(AR)
Gov.Bobby Jindal(LA)
Gov.John Kasich(OH)
Gov.Sarah Palin(AK)
Gov.George Pataki(NY)
Sen.Rand Paul(KY)
Gov.Rick Perry(TX)
Sen.Marco Rubio(FL)
Sen.Rick Santorum(PA)
Donald Trump(NY)
Gov.Scott Walker(WI)
Abortion
Budget/Economy
Civil Rights
Corporations
Crime
Drugs
Education
Energy/Oil
Environment
Families/Children
Foreign Policy
Free Trade
Govt. Reform
Gun Control
Health Care
Homeland Security
Immigration
Infrastructure/Technology
Jobs
Principles/Values
Social Security
Tax Reform
War/Iraq/Mideast
Welfare/Poverty

About Mark Stewart:
Profile
AmericansElect quiz
MyOcracy quiz
Wikipedia
Ballotpedia
Search for...





Page last updated: Jan 09, 2016