...if my increasingly feeble memory serves me correctly, federal income taxes were not taken out of beneficiaries’ monthly SocSec payments.....that is until one uber-liberal democrat senator from the Peoples Democratic Republic of Massachusetts, one “Teddy” Kennedy, pushed through legislation that did mandate fed. inc. taxes on SocSec benefits....hope he rots in Hell.... unfortunately, MaryJo Kopechne is not available for comment at this time....
“that is until one uber-liberal democrat senator from the Peoples Democratic Republic of Massachusetts, one “Teddy” Kennedy, pushed through legislation that did mandate fed. inc. taxes on SocSec benefits..”
It was a tie vote and Al Gore as the VP broke the tie vote.
85% of social security is taxed by the feds and depending on how a state taxes your income by them also.
S.S. Should not be taxed we already paid tax on it once. Also the feds should not be using the excess money for their other vote buying schemes.
But don't forget it was the beloved Ronald Reagan who started the tax on unemployment payments.