In particular, a concern of mine lies among the Eldely and retired, who make up a large percentage of trump’s voting block.
The Social Security Administration is facing quite a few problems over the coming years. The S.S. fund will run out soon, and with Trump trying to eliminate income tax for all S.S. Earners, this fund is rendered empty within less than ten years and raises the federal deficit by more than 2.7 trillion dollars.
Kamala ran on a platform of solvency for higher earners. She would have given the tax breaks to lower and middle class S.S earners, and taxed the higher class and especially the ultra wealthy to support the program.
While I do see that Kamala’s plan had some elements of long term repair of Southern Security a bit ambiguous, so did Trump’s. I think that it was good on her to start taxing the upper class though, who are the last people who need S.S. Benefits, instead opting to give breaks to those who need them. Giving tax breaks across the board is a bad Idea in my opinion, because it just removes funding from the system.