Political Quotes

Tommy Tuberville: America's farmers and ranchers rely on these derivatives markets to hedge risk and protect themselves from losses after…

On the recordMarch 1, 2022
America's farmers and ranchers rely on these derivatives markets to hedge risk and protect themselves from losses after a bad year.
Said by
Tommy Tuberville
Republican · Alabama

Editor's note · Context

Highlighting the importance of derivatives markets for farmers and ranchers.

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If we must keep this outdated program, the least we can do is to ensure that senior citizens don’t get slapped with a double tax."

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It’s a dang shame. The program might not be on the verge of bankruptcy today if they’d just invest part of the young people’s money into the market.

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Basically, Social Security is just, folks, another tax on both employees and employers since most companies have to match the 6 percent that their employees are forced to pay out their paychecks."

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