Majority of Americans Support Tax Rate Increases to Protect Social Security

5913069484_bba50ff98e_qDespite how polarized Americans are politically, one thing that both sides have in common in the desire to protect Social Security benefits. According to an article by Forbes writer Janet Novack, the opposition to cutting Social Security benefits spans all age groups as well as political ideology. Currently, Social Security is in jeopardy and if funding continues as it currently stands, the trust fund that supports it will be exhausted by 2033. Accordingly, a recent poll showed that approximately 77 percent of all Americans would support an across-the-board tax increase if it was necessary to protect Social Security for future generations and 83 percent support raising the tax on top earners.

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