American boomers support raising taxes on younger workers to maintain current Social Security payouts, poll shows - and the view is overwhelming
The 2026 Board of Trustees Report projects the depletion date for the Old-Age and Survivors Insurance (OASI) Trust Fund to come in the fourth quarter of 2032, three months earlier than estimated in the 2025 report (1). Once those reserves are gone, ongoing revenue would cover just 78% of scheduled benefits.
… an overwhelming 89% of Americans over the age of 65 said Social Security benefits should be protected at current levels, even if it means higher taxes on younger workers, according to a 2025 survey by the Cato Institute.
https://moneywise.com/news/top-stories/majority-of-us-boomers-support-tax-hike-on-younger-workers
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