Despite Social Security’s Fiscal Woes, Democrats Propose Raising Taxes To Expand It
In the wake of bills to increase the federal minimum wage, propose a 70 percent income tax on certain income brackets, and eliminate work requirements for welfare recipients, one of the first bills proposed by Democrats in the 116th Congress was to expand the nearly bankrupt New Deal-era Social Security program. The Social Security 2100 Act, introduced by House…
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