Opinion: Memo to young workers–the Democrats you recently elected want to raise Social Security benefits for retirees while taxing you more to pay for it
Memo to young workers: The Democrats you recently elected want to raise Social Security benefits for retirees while taxing you more to pay for it. Too bad they didn’t tell you about this last year when they were running against Donald Trump.
Among the many tax increases Democrats are now pushing is the Social Security 2100 Act sponsored by John Larson of House Ways and Means. The plan would raise average benefits by 2% and ties cost-of-living raises to a highly generous and experimental measure of inflation for the elderly...Senator Bernie Sanders, who started pulling the Democratic Party towards a socialist agenda in 2016, kicked off his second presidential campaign Saturday, predicting he would win in 2020.
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