Politics
89 Percent of Older Americans Support Raising Taxes on Young Workers for Social Security
Julian Dorey Daily
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"89% of people over the age of 65 think we should raise taxes on younger people so they can keep getting their Social Security check. Young people think that they should cut the benefits to benefit the young people. 53% of young people think that we should cut Social Security benefits so that it benefits young people and they're not paying into the system."
Pompliano highlighted polling data showing 89% of Americans over 65 support raising taxes on younger workers to maintain current Social Security benefits, while 53% of young people favor cutting benefits to avoid being taxed. He called the chart one of the most important for understanding American society and politics, illustrating a generational wealth transfer where older Americans benefited from low inflation and cheap housing while younger generations face massive student debt and unaffordable homes.
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Julian Dorey Daily