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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (490523)	5/2/2022 3:35:18 PM
From: Wharf Rat	Read Replies (1) \| Respond to of 542936

"Reagan taxed social security " I don't make enuf to pay the SS tax, and I shed no tears for Buffet, who does. He has enuf to get by. The money goes back to the SSTF. The income levels might need to be adjusted, and I'm in favor of 100% for those with incomes over $100,000. Taxation Of Social Security Benefits Under legislation enacted in 1983, the Social Security Trust Funds receive income based on Federal income taxation of benefits. The funds receive taxes on up to 50 percent of benefits from single taxpayers with incomes over $25,000 and from taxpayers filing jointly with incomes over $32,000. Legislation enacted in 1993 extended taxation of benefits. The legislation increased the limitation on the amount of benefits subject to taxation from 50 percent to 85 percent for single taxpayers with incomes over $34,000 and for taxpayers filing jointly with incomes over $44,000. All additional tax income resulting from the 1993 legislation is deposited in Medicare's Hospital Insurance Trust Fund. ssa.gov -- "He is the one who started bashing and cutting the government" He's also the one who gave amnesty to 3 million illegals, something we haven't been able to do..