[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Benzinga [@Benzinga](/creator/twitter/Benzinga) on x 305.9K followers Created: 2025-07-15 22:59:49 UTC In a 2011 talk at the University of Michigan, the late Charlie Munger made clear where he stood on Social Security: it’s a promise that should not be broken. Calling the program “a credit to our civilization,” Munger warned against raising the retirement age or reducing benefits. He argued that such moves would erode the dignity of seniors who depend on the system. “To take on the political ill will from tinkering for some guy who's only got three years to live anyway and take away $XX a month—I just don't want to do it,” he said. “I don’t think it would be a good idea.” Instead of cutting, Munger supported funding Social Security through a value-added tax (VAT), calling it efficient and export-friendly. More than a decade later, his stance remains relevant. Critics are calling out a recent Social Security Administration email claiming Trump’s tax law eliminates taxes on benefits. That’s false — it only offers temporary deductions. Meanwhile, policy proposals such as “baby bond” funds or linking Social Security to equities are emerging, but they face steep political and financial hurdles. Munger’s advice? Don’t mess with what’s working — especially when it supports millions in retirement.  XXXXXX engagements  **Related Topics** [retirement](/topic/retirement) [social security](/topic/social-security) [Post Link](https://x.com/Benzinga/status/1945257022150045734)
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Benzinga @Benzinga on x 305.9K followers
Created: 2025-07-15 22:59:49 UTC
In a 2011 talk at the University of Michigan, the late Charlie Munger made clear where he stood on Social Security: it’s a promise that should not be broken.
Calling the program “a credit to our civilization,” Munger warned against raising the retirement age or reducing benefits. He argued that such moves would erode the dignity of seniors who depend on the system.
“To take on the political ill will from tinkering for some guy who's only got three years to live anyway and take away $XX a month—I just don't want to do it,” he said. “I don’t think it would be a good idea.”
Instead of cutting, Munger supported funding Social Security through a value-added tax (VAT), calling it efficient and export-friendly.
More than a decade later, his stance remains relevant. Critics are calling out a recent Social Security Administration email claiming Trump’s tax law eliminates taxes on benefits. That’s false — it only offers temporary deductions.
Meanwhile, policy proposals such as “baby bond” funds or linking Social Security to equities are emerging, but they face steep political and financial hurdles.
Munger’s advice? Don’t mess with what’s working — especially when it supports millions in retirement.
XXXXXX engagements
Related Topics retirement social security