Newt Gingrich: “I was astonished this morning to see a Democratic leader proposing taxes on Social Security. Yesterday a Democratic…”

“I was astonished this morning to see a Democratic leader proposing taxes on Social Security. Yesterday a Democratic leader proposed a cut in the retirement benefit for average and above average incomes, 8.4 percent less for average retirees, 20 percent less for higher income retirees, a cut in the annual cost of living for Social Security recipients for the first year after enactment, a tax increase for retired individuals of $25,000 and for retired couples of $32,000, and a 31-percent tax increase in the payroll tax for workers and employers. Last year the Democrats passed a big tax increase. This year the Democratic leadership is proposing a big tax increase to pay for a government-controlled health care bureaucracy. Now a Democratic leader is proposing to tax workers and retirees. Where does it end?”