Yes, and that is why both Medicare + SS are bankrupt now.
Our entire tax base has been collapsed by invasion of cheap foreign labor which displaced highly paid Americans.
Lower pay also means lower taxes for gov’t. And many of the invaders pay NO taxes at all.
In 1998 we had a massive tax surplus.
But that was before Alan Greenspan, Robert Reich, and Bill Clinton put an end to the 90’s economy by flooding it with cheap foreign labor.
When jealous failed pols attack America’s most productive workers, you better believe collapse is inevitable.
All 3 are still at large.
The invasion began around 2000 – the same year Bill Clinton signed the H-1B foreign worker visa cap increases flooding the US with cheap foreign labor.
America’s tax base collapsed within a few years.