Ultra-Rich Should Pay to Save Social Security, Swing-State Voters Say
April 28, 2024
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0:47Now PlayingUltra-Rich Should Pay to Save Social Security, Swing-State Voters Say
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as posted by the channelSwing-state voters are open to several ideas to keep Social Security benefits flowing for decades — as long as it’s the wealthy footing the bill, according to the latest Bloomberg News/Morning Consult poll.
An overwhelming 77% of registered voters in the seven states that will decide the 2024 presidential election like the idea of a billionaires tax to bolster Social Security shortfalls, the poll found. More than half say they approve of trimming benefits for high-earners, and for taxing wages for Social Security beyond the first $168,600 in earnings as done under current policy.
The poll was conducted among registered voters in Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania and Wisconsin between April 8-15.
Across-the-board changes — raising the retirement age to 69 from 67 or introducing a new formula that results in less generous benefit payments — were less popular. Around one-fourth of poll respondents supported those policies, while about a third support increasing payroll taxes.
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