Even as we turn to the subjects of Medicare and Social Security, the institutional bias that always asks for tax increases, even as we celebrate in bipartisan fashion the fact that the President signed into law the end of the earnings penalty on seniors who chose to work past retirement age and we restored fairness that had been 70 years in the making, or should I say 70 years in the waiting, it is worth noting, the gentleman spoke about the largest tax increase in American history, it disproportionately affected seniors. It jacked up Social Security taxes. It hit Americans all across the board but it nailed seniors, and while we have taken this first step to restore tax fairness, it was born of another important step that was taken as the President of the United States was kind enough to come down a couple of years ago and stand at the podium behind my friend, the gentleman from Texas (Mr. Sessions), and he said something that was a wonderful rhetorical flourish, but once we took away the bells and the whistles and the theatrics it was a shot across the bow and a warning to all American seniors.
NAN A. S. HAYWORTH: “Even as we turn to the subjects of Medicare and Social Security, the institutional bias that always asks for tax…”
Editor's note · Context
Discussing the impact of tax increases on seniors during a debate on Medicare and Social Security.
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