Lori Montgomery reported in The Post last week that a bipartisan group of senators thinks a sensible deficit reduction package would involve lifting the Social Security retirement age to 69 and reforming taxes, purportedly to raise revenue, in a way that would cut the top income tax rate for the wealthy from 35 percent to 29 percent.
Only a body dominated by millionaires could define “shared sacrifice” as telling nurses’ aides and coal miners they have to work until age 69 while sharply cutting tax rates on wealthy people. I see why conservative Republicans like this. I honestly don’t get why Democrats — “the party of the people,” I’ve heard — would come near such an idea.
Good question. Anybody know any Democrats who might be able to answer this?