Jump to content
Sign in to follow this  
easilyscan

Social Security Independence Day!

Recommended Posts

https://www.imagebam.com/view/ME13D50X

Thank you President Trump & all others responsible for this, & a big FU to former President Biden who voted in favor of taxing up to 50% of it in 1983, & voted in favor to up that to 85% 10 years later in 1993 

Since he was one of the few politicians still alive to vote for SS taxation, once he reached the highest position of power in the world, he could've righted a major wrong by at least adjusting the income levels @ which taxation begins for inflation. Of course the POS never did. 

Instead he was trying to enact huge tax breaks/loan forgiveness for those with student loan debt & making up to 125K if single, and 250K for couples.

 

 

Not surprisingly, MSM is trying to put a negative spin on it. 

Trump keeps saying the GOP mega bill will eliminate taxes on Social Security. It does not

One of the reasons given.

Those who won't be able to do so include the lowest-income seniors who already don’t pay taxes on Social Security.

No shite Sherlock, what was your first clue ?

 

 

 

  • Thanks 1

Share this post


Link to post
Share on other sites

It's great, but it's not eliminated.  It's a $6,000 deductible ($12,000 for couples) that sunsets in 2028.   Need to make this permanent or just really get rid of all taxes on SS altogether.  

  • Like 1

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

×