Because my social security benefits are not taxable and the earned interest income off my savings are below taxable levels, I don't pay taxes.
There are a lot of retired people who don't pay income tax or pay a relatively small amount of income tax on interest income who will be in a world of hurt when Romney and the GOP start taxing SS benefits.
Really?
You think social security benefits aren’t taxable?
Social security benefits are taxable depending on the total amount of income you have from all sources.
It’s the total income, not the fact that you have social security coming to you, that determines if you pay taxes on your income and how much.
That’s the truth. So, if you as an individual don’t pay taxes, it’s not because your social security benefits aren’t taxable - they ARE depending on your total income - it’s because you don’t have enough total income to owe taxes.
As for Romney planning to tax social security, it is already subject to tax under the guidelines I described.
Second, show me where Romney said anything about doing something along the lines of what you claimed. He didn’t.
In fact, nowhere does he say he plans to tax people, period, who don’t now pay taxes. Because he doesn’t plan to.
He said people who don’t pay taxes wouldn’t get excited about a proposed tax cut, which is his actual proposal, because they already don’t pay taxes.
Boomers got us into this entitlement mess with a long string of Democrat-run Congresses and the occasional President to sign Great Society garbage -- Johnson, Carter, Clinton, Obama -- so they can get us out.