Convergence Center For Policy Resolution

The wall street journal logo

Mayor Pete’s Retirement Plan To Tax The Middle Class

“Mr. Buttigieg’s retirement plan also contains several new spending proposals, including a long-term care entitlement. He says the program would make benefits available to people over 65 and would “kick in after an income-related waiting period.” His plan cites two white papers as examples of “similar programs” proposed by scholars… In the first paper, the Long-Term Care Financing Collaborative envisions a program ‘fully financed by a dedicated revenue source,’ including a payroll tax, ‘an explicit income tax surcharge, or other dedicated tax.’ ” Writes Chris Jacobs in the Wall Street Journal on Pete Buttigieg’s retirement plan, citing Convergence’s Long-Term Care Collaborative.

Subscribe for Updates