Troy Jackson on Social Security

Remove the cap on what wealthy people are paying

Jackson: We need to remove the cap so that wealthy people paying at the same rate as working class people right now. If you're making $180,000 you pay $10,000 in Social Security. If you're making $5 million you pay $10,000 in Social Security. I don't believe that's fair and I also believe that we should, once we get rid of the cap so that we can make it solvent, we could raise benefits for people that are really struggling right now in this economy Donald Trump and Susan Collins have created. People that only get $1000 a month when they're paying $1600 or $1700 for a tank of oil can't keep up and that's why making sure that billionaires pay at the same rate as people that are just squeaking by is important.

Collins: I actually agree with Troy. I don't think someone who makes $40 million a year as a movie star should pay the same rate of Social Security taxes as someone who's earning $184,000 a year. We simply are going to have to adjust the cap,

Don't raise retirement age; scrap the cap

Jackson spoke first. "Well, I'm never going to raise the retirement age," he said. "I think that's really unfair for people, but I'd definitely scrap the cap, make it so that, again, wealthy people pay the same rate the rest of us do."