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The Next American Century
Hey Trump: Don’t Subsidize America’s Gigolos; Get them Back to Work

Hey Trump: Don’t Subsidize America’s Gigolos; Get them Back to Work

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Richard Vigilante
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George Gilder
Aug 17, 2024
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The Next American Century
Hey Trump: Don’t Subsidize America’s Gigolos; Get them Back to Work
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Trump’s idea to stop taxing Social Security benefits hits the right crowd with the wrong signal.

But as everyone immediately pointed out, it does not rectify the regressiveness of the Social Security system. Rich people hardly notice Social Security, the poor often depend on it. The chief argument in favor of removing the current tax is Milton Friedman’s…

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A guest post by
George Gilder
Author of twenty books on economics and technology, from Wealth and Poverty (1980) to Life After Google (2018).
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