Tax Cut Great News for Retirement Security - Contrary to the left's propaganda that only evil rich people have income from stock dividends, as I have seen with hundreds of real life clients, most dividends are received by older middle income folks. How the DemonRats can ever claim to be the saviors of senior citizens, especially after the 1993 Clinton-Gore hike in the tax rate on Social Security benefits, is a credit to the left-wing bias in the mass media and their ability to shape public perception. Their opposition to lower taxes on dividend income is just one more way in which they are anything but helpful to the older citizens in this country.