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There's some truth to the meme, but unlike in Europe, in the US the social security age is raised on a regular basis without everyone flipping out and burning busses. Finances are also not the reason that people aren't having kids, it's entirely cultural and the fact that people simply prefer the DINK lifestyle. Per capita income tax is recently high but until covid has been flat for 20 years. https://usafacts.org/articles/how-much-money-does-the-government-collect-per-person/

And certainly nobody is going or will go hungry or homeless due to taxes, what a ridiculous exaggeration.