Trump is targeting the elderly for his latest scam.
by digby
Old people are the easiest marks. They're often the victims of nefarious cons. Here's the latest one:
Millions of senior citizens could see tax increases under the Senate version of the GOP's tax-reform plan, according to an analysis from the AARP.
In an article published Wednesday on the group's website, the AARP's vice president and policy director argue that 1 in 5 seniors, about 6.3 million taxpayers, will see either no change or a tax increase in 2019 under the plan passed by the Senate Budget Committee. Of those individuals, 1.2 million people would get a tax hike.
The authors argue that number will jump "more than four times" by 2027 to 5.2 million seniors "as a result of sunsetting the middle-class tax cuts."
Another issue of concern for older Americans, the AARP says, is the automatic cuts to Medicare and other services under the GOP plan.
"The bottom line is that even today’s 65+ as well as those who turn 65 by 2027 who benefit initially may end up paying higher and ever increasing taxes soon thereafter," the authors write.