According to Wikipedia, taxes on SS income began in 1984, with 50% of benefits subject to tax.
Beginning with the 1994 tax year, the portion of benefits potentially subject to tax was increased to 85%.
Yes, “potentially.”
Some SS benefits above a certain Adjusted Gross Income (AGI) are still taxed at 50%. At a higher income, 85%.
Either way, it sucks. I was taxed all along as I paid in to the system, and now as I draw money out, they tax me again? Thanks for the double dip, Congress.