General Discussion

Beachnutt

(7,929 posts) Sun Aug 11, 2024, 08:19 AM Aug 11

I hope VP Harris will announce seniors pay no tax on social security income and explain a way to pay for it. [View all]

That would finish the conman felon off.
Talk about a BLUE WAVE.

56 replies

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I hope VP Harris will announce seniors pay no tax on social security income and explain a way to pay for it. [View all] Beachnutt Aug 11 OP

Be careful with the broad base of the party AnnaLee Aug 11 #1

That would be a horrible economic policy kansasobama Aug 11 #2

How did we do it before 1983 ? Beachnutt Aug 11 #3

Didn't those of us who have retired, whether civilian or Govt. retired, MarineCombatEngineer Aug 11 #5

Think of SS as an investment income kansasobama Aug 11 #12

In the case of social security no dsc Aug 11 #14

Ok, fair enough, MarineCombatEngineer Aug 11 #17

I am a teacher and the money I am taxed for my retirement is also not taxed dsc Aug 11 #20

Yes, you do, on your portion of it, while you are working. spooky3 Aug 11 #40

No you don't dsc Aug 11 #43

Sorry, you're incorrect. You are not permitted to exclude your SS spooky3 Aug 11 #51

This message was self-deleted by its author spooky3 Aug 11 #52

Many a person Rebl2 Aug 11 #21

I think it's viewed and treated the same as any other pension funded by untaxed dollars. sl8 Aug 11 #31

Ok, thanks for that info, MarineCombatEngineer Aug 11 #41

To be clear, I'm not suggesting that you don't owe tax on military retirement pay. sl8 Aug 11 #48

Ok, now I understand. MarineCombatEngineer Aug 11 #49

Never mind, reading the thread being educated. LizBeth Aug 11 #29

I'm still working at 72 and after all taxes Lifeafter70 Aug 11 #35

I would also like to see her propose that military retirees, like myself, MarineCombatEngineer Aug 11 #4

I disagree on the Social Security and retirement income being non-taxable. Wonder Why Aug 11 #6

The problem is the middle class is over-taxed. There has been a massive shift onto the middle class starting in the 80s. Deek1935 Aug 11 #18

I am not at SS yet but I am getting there. Tell me about this please. LizBeth Aug 11 #32

Up to 85% of your benefits may be taxable if your combined income is more than $34,000 for individuals Shermann Aug 11 #34

50% of your SS at your tax rate If your income is over $25000.00 Beachnutt Aug 11 #42

Whether it is taxed or not depends on your other income. Read this Wonder Why Aug 11 #36

I wish we would make the political grifters running churches and tax exempt travelingthrulife Aug 11 #7

☝️ Beachnutt Aug 11 #9

The late great George Carlin said it best MarineCombatEngineer Aug 11 #11

Do not generalize old people kansasobama Aug 11 #15

I get SS and don't pay tax on it Kaleva Aug 11 #8

Well said kansasobama Aug 11 #16

The max ss benefit exceeds the tax threshold. Nt. Voltaire2 Aug 11 #22

What percentage of those live on just SS? Kaleva Aug 11 #23

I'm for increasing the minimum as well. Voltaire2 Aug 11 #24

I had to go back to work part time Kaleva Aug 11 #55

We pay taxes on part of our joint SS, and our outside income is certainly not substantial DavidDvorkin Aug 11 #25

It had to be passed by Congress before Reagan could institute anything MichMan Aug 11 #30

I don't absolve them from blame DavidDvorkin Aug 11 #44

It certainly is more substantial then mine was Kaleva Aug 11 #54

It actually just needs to be automatically inflation adjusted. Voltaire2 Aug 11 #10

That is correct kansasobama Aug 11 #13

Yes, I like that approach. elleng Aug 11 #27

While we're at it how about raising the taxable threshold dickthegrouch Aug 11 #19

Right, because she's magic! elleng Aug 11 #26

That would be a hard push to get it though Klarkashton Aug 11 #28

Maybe make it tax free for the bottom income levels,... . magicarpet Aug 11 #33

I am in favor of not taxing social security income Shermann Aug 11 #37

I don't mind paying tax on my SS, because I have sufficient income (still working). viva la Aug 11 #38

Message auto-removed Name removed Aug 11 #39

"Buy" votes...really?? GP6971 Aug 11 #45

This message was self-deleted by its author MichMan Aug 11 #47

Post removed Post removed Aug 11 #46

Ooh! A Trump-supporting Democrat! AZSkiffyGeek Aug 11 #50

Better is a less drastic idea just raise the income level at which it starts to be taxed. karynnj Aug 11 #53

better. remove the fucking income cap. make the rich pay. pansypoo53219 Aug 12 #56