“This bill shows that Social Security is fully affordable—as long as the wealthiest among us pay their fair share,” said one advocate.
Legislation recently introduced by a pair of Democratic U.S. lawmakers to save Social Security for generations to come would extend the vital social program’s lifespan by at least 75 years, according to a federal analysis published Tuesday.
What it describes isn’t a “Wealth Tax” at all!
I get the feeling people are using the term wealth tax for anything that makes the wealthy pay more taxes.
It bugs me when clear specific terms get turned into uselessly ambiguous terms.