Taxing SS is just outrages. Both parties are to blame but Clinton especially. It was a tax on your income you whole working life and then they tax the “benefit”. It’s bad enough we have Marxist inspired graduated income tax tables but when you don’t adjust them to inflation that is especially bad. Which reminds me anyone know if that insidious Cadillac health insurance tax under Obama care still there? It was purposely not indexed for inflation so eventually anyone with decent coverage would be paying it.
Trump signs bill repealing ACA Cadillac tax, granting ‘relief’ for employers
Yes. So incredibly rotten. I first paid it at age 18 and retied at age 72. At which point they tell me "Oh, and we want even more of your money now that you're getting a benefit."
I realize my money was all spent each year from age 18 onward and new money has to be found for me to get my benefit in 2019. I know.
I still remember watching the TV address by Lyndon B. Johnson saying (his eyebrows upward to look innocent) "This isn't a new tax. It is a tax on your tax." ( Which meant: A tax surcharge to pay for cost overruns in the Viet Nam war.)