Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Frantzie
Social Security distributions are already "means tested." They are ordinary income and as such are taxed at the marginal rates just like any other income.

If the class warfare types want to change this by imposing some sort of super-means-testing on Social Security benefits, they should at least have the good grace and common sense to phase it in gradually. What these community organizers don't understand is that, in the real world, retirement plans are based on a mix of anticipated assets, of which Social Security is but one. Unless you are truly wealthy (and by that I do not draw the line at a ridiculous $250,000 per couple per year), screwing with any one leg of the plan tends to seriously upset the plan.

24 posted on 01/19/2011 5:17:25 PM PST by blau993 (Fight Gerbil Swarming)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: blau993

I know they are taxed based on other income.

Do you think he cares about your or anyone like you - retirement plans?

The money you or others saved through hard work and frugality is not your money. It is his money. And technically Uncle Sam has a lean on it when you retire.

I reminded daily here how naive even supposed conservatives are. People still think they live in a country governed by laws with Constitutional protections. They think if they just watch Fox that everything will be alright.


25 posted on 01/19/2011 5:28:29 PM PST by Frantzie (Slaves do not have freedom only the illusion of freedom & their cable TV to drool at)
[ Post Reply | Private Reply | To 24 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson