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Seth Moulton on Social Security
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Eliminate the payroll tax cap to cover most of funding gap
Social Security is one of our greatest achievements of the last century, and a contract between generations that we must honor. However, the current system is threatened because it does not cope with ongoing demographic changes.
As our population ages, we need to support those seniors that paid into the system and ensure that future generations also benefit.
That's why we need to eliminate the payroll tax cap. Today, someone who makes $1 million a year pays the same amount into Social Security as someone who makes $120,000.
That's not right. Eliminating the payroll tax cap will cover nearly all of the Social Security funding gap, and ensure that Social Security is solvent for decades to come.
Source: 2014 House campaign website, SethMoulton.com
, Sep 1, 2014
Opposes personal retirement accounts, rated by Faith2Action.
Moulton opposes the F2A survey question on personal retirement accounts
Faith2Action.org is "the nation's largest network of pro-family groups." They provide election resources for each state, including Voter Guides and Congressional Scorecards excerpted here.
The F2A survey summarizes candidate stances on the following topic: 'Social Security: Do you support allowing individuals to divert a portion of their Social Security taxes into personal retirement accounts?'
Source: Faith2Action Survey 14-F2A-Q6 on Jul 30, 2014
Opposes personal retirement accounts, according to PVS rating.
Moulton opposes the PVS survey question on personal retirement accounts
Project VoteSmart infers summary responses from campaign statements and news reports
The PVS survey summarizes candidate stances on the following topic: 'Social Security: Do you support allowing individuals to divert a portion of their Social Security taxes into personal retirement accounts?'
Source: Project VoteSmart Inferred Survey 14-PVS-q6 on Sep 30, 2014
Page last updated: Mar 15, 2019