Posted on 01/31/2015 6:43:09 AM PST by SeekAndFind
“”This was in 2010, so I don’t know how that is 14 1/2 yrs””
Boy! I have no idea what I was thinking of or what I saw but I don’t think I saw the date in any of the links in this thread...nothing here looks familiar. Sorry! I will go nuts until I find it...
bkmk
I’ve heard some Republicans suggest means testing for social security.
The only thing I can think of is I have become dyslexic in my old age and I must have read 2010 as 2001... I better stay away from the checkbook.
Social Security is already “means tested.”
http://www.ssa.gov/planners/taxes.htm
Some people have to pay federal income taxes on their Social Security benefits. This usually happens only if you have other substantial income (such as wages, self-employment, interest, dividends and other taxable income that must be reported on your tax return) in addition to your benefits.
No one pays federal income tax on more than 85 percent of his or her Social Security benefits based on Internal Revenue Service (IRS) rules.
If you: file a federal tax return as an “individual” and your combined income* is between $25,000 and $34,000, you may have to pay income tax on up to 50 percent of your benefits.
more than $34,000, up to 85 percent of your benefits may be taxable.
file a joint return, and you and your spouse have a combined income* that is between $32,000 and $44,000, you may have to pay income tax on up to 50 percent of your benefits
more than $44,000, up to 85 percent of your benefits may be taxable.
are married and file a separate tax return, you probably will pay taxes on your benefits.
I know, but I saw an interview on TV, I don’t remember who it was but I remember it was a Republican, suggesting that the amount of SS rec’d could be reduced for “wealthy” individuals.
Don’t worry about it, easy mistake to make. At least you got the correct century!
Paul Ryan wants it, so do many Tea Party leaders.
No, they will change the REAL rules. Not the arcane tax laws you mention. Here is the plan: your entire health care as you get older (Medicare will disappear) will be tied to your assests, bank account, IRA, 401K, fixed retirement, pension, and any gold or silver you managed to squirrel away.
Do you really think that a president that is so lawless cares about your IRA?
The most prolific criminal class in American history.
I don’t care how “fair” that may sound to some people, I don’t think it is fair to take 12.4% of a person’s wages all their life with the promise of retirement payments, then reneg on that promise if that person happens to have been successful and saved.
I have seen that a lot of people that don’t need their SS give the money to charity which is better than the gov’t keeping it.
I agree. The Govt’s answer is Tough.
In every instance, we have seen the Obama mantra: harm those who are productive, take from those who saved, hurt those who have. Especially those who are white. I do not make that latter statement in error. The Affordable Care Act has specific provisions to punish people of people of European descent, akin to the Nuremburg Laws.
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