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Do you still support McCain's plan to let people put 20% of their social security dollars into stock market?
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02-28-2014, 12:41 AM
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Do you still support McCain's plan to let people put 20% of their social security dollars into stock market?
Allow workers to invest privately
McCain today called for allowing workers for the first time to invest a portion of their Social Security in private accounts.McCain called for “bold, genuine reform that allows workers to invest some of their Social Security savings, privately, in higher yielding accounts.†“Promoting investment in America by every American worker would give lower-income Americans the ownership they deserve in the country we share, as well as grow their Social Security more rapidly,†said McCain. Source: http://www.mccain2000.com/ “Press Releases†Jun 2, 1999 Option to invest 20% of payroll taxes in private accounts McCain will present today his first comprehensive plan for apportioning the spoils of the nation’s current prosperity, calling for. a program to shore up Social Security through the establishment of individual retirement accounts. McCain also specifically allocates money to help Medicare, which like Social Security faces a financial shortfall as the population ages. He calls for workers to have the option of investing at least 20% of their Social Security payroll taxes in private accounts. Source: New York Times, p. A21 Jan 11, 2000 Ads |
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Messages In This Thread |
Do you still support McCain's plan to let people put 20% of their social security dollars into stock market? - Hector Frodo - 02-28-2014 12:41 AM
[] - Smart-as-a-whip - 02-28-2014, 12:56 AM
[] - justagrandma - 02-28-2014, 01:33 AM
[] - steel magnolia - 02-28-2014, 01:42 AM
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