I thought your point was the recent tax legislation.
Adjusting Social Security payments has no place in a tax bill. I'm ALL for the amount of payments being raised .... More is better.
This is what drives me beyond insanity (kindly notice the "beyond" as I've been insane for decades) ..... Boomers take all of the heat.
Self employment tax was 2%, in 1965. When they finally tossed on a Medicare (Title Act 19) kicker, it increased to 2.5%, in 1966. Over the course of years, it had slowly climbed (almost 5% under President Nixon) to over 7% under Jimmy "The Worthless One" Carter ... to 15.3% under Ronnie "The Commie Reagan". So, for the vast majority of the Boomers working lives, they've paid in 15.3% ... and that's from DOLLAR ONE ... no deductions, no anything other than pay and pay and pay.
"The Greatest Generation", when tallied to the normal working life (WWII to the eighties) paid an average of less than five percent. If the Boomers only had that money, returned to them, and calculated over the prevailing interest rates of the times (Remember Ready Assets at 21%?), the average boomer would have received a lump sum check, into the millions .....
So, what is to be done now? If increasing SS payments is a necessity, that is totally different legislation than anything that can be accomplished in a "tax plan". Raising and lowering contributions (the amount stolen from workers and their employers) could be addressed, to a very fractional degree, but the outright payments; that requires totally different legislation
Lobby for it. Work on it. I'm in on this one with you.