Posted on 08/13/2024 10:34:54 AM PDT by SeekAndFind
With Kamala Harris becoming a rock star by inviting rock stars to open her act, it’s clear she’s focused on generating excitement through pure fluff. But whereas Harris captures headlines with showmanship, Donald Trump has an opportunity to resonate deeply with a far more substantial and often overlooked voting bloc: those who have paid into the Social Security system. If Trump zeroes in on this group, he can unlock a political goldmine that could propel him back into the White House.
In what even the New York Times admits could be a game-changer, Trump has proposed ending income taxes on Social Security benefits. This proposal speaks directly to millions of Americans who feel the sting of being taxed twice on the money they’ve worked their entire lives to earn. It’s a commonsense policy that cuts through the noise of partisan bickering and addresses a core issue that affects a massive segment of the population.
The Democrats now find themselves in somewhat of a pickle, wrapped in a conundrum in the midst of a riddle. They can’t win for losing on this. If they oppose Trump’s proposal, they risk alienating retirees — a group that’s already feeling the pinch of inflation and looking for relief. Moreover, they would have to explain why a tax break for Social Security was acceptable when proposed by Democrats in the past but suddenly becomes unpalatable when Trump suggests it.
Critics argue that eliminating the tax could reduce government revenues by $1.8 trillion over the next decade. But this perspective ignores the fundamental unfairness of taxing Social Security benefits in the first place. This money isn’t new income; it’s a return on years of hard work and contributions. For the government to tax it again is not only unjust, but also counterproductive,
(Excerpt) Read more at americanthinker.com ...
Wonderful— but how about showing WHERE the money comes INTO those systems, and what it would be if it were still in a separate untouchable Trust Fund— as it was until the 1960’s.
Separate out that money. Then describe how much the fedgov takes IN as revenue, every month. You know,like a business would do. The amount is staggering— and would easily remove the credit bill racked up to the Federal Reserve. The Federal Reserve Bank is NO friend to the American people— and never was, and certainly is not now, what with loaning OUR money to foreign governments without the people’s approval. Quite a racket -and they are killing this country.
Do agree that it does not matter who’s in Austin cause BW is Still the King!
Mark Levin says we have enough coming in monthly to obviate the need to keep pilfering and borrowing to supply social services. Do not have the revenue figures— but they are substantial.
Instead, xiden hires 89,000 IRS agents to peruse $600 transactions across the nation in millions of small business transactions— to harass the basic working unit of the country. Brilliant, from a Delaware credit card company hustler and lying gangster. Delaware, for the Lord’s sake— why is Delaware.. still there? Any more than Rhode Island!
The first time I understood that social security payouts were taxable was quite a shock for me. It’s outrageous to think we would be taxed on the very money that we spent our entire working lives paying into.
Keep in mind I fully understand that any payout I get is not “my money” since this entire system is a Ponzi scheme and any money I had put in has been spent many times over...
Of course the liberal left see many people collecting social security that ALSO saved for retirement beyond social security as “rich and wealthy” and hence expect them to be taxed for their good behavior!!
Three, two, one...how long before Kackles adopts this too?
You may want to consider getting rid of the department of education, department of energy, etc. or easily greatly reduce personnel in the huge federal bureaucracy with dozens of alphabet agencies and subagencies that spend most of their time regulating businesses out of business and tax what’s left into oblivion?
The taxes on SS payments go into the general fund, not SS fund. Tax cuts increase federal revenue.
That’s true. It’s more insulting that anything else.
Reagan in his great wisdom decided to tax social security. And then Clinton said hold my beer.
Uh, if Uncle Sam pays the IRS worker $10 and then taxes the IRS worker $4, Uncle Sam just payed the IRS worker $6. Thats not paying tax.
If you earn $10 from McDonalds, and Uncle Sam taxes you $4, now you just paid taxes. And your taxes and another 1.5 Mcdonalds workers just paid your IRS workers salary.
All great objectives, although the path to victory boils down to: “It’s the border, the economy and foreign entanglements, stupid!” (of course I am in no way referring to you, S&F! Cheers!)
Eliminating taxes on Social Security would win the election hands down. Lots of females collecting SS who vote and aren’t worried about a federal law on abortion.
Unless and until the US STOPS SPENDING cutting taxes is not going to work.
Social security is not an entitlement program One is forced to pay into it company benefits are reduced by any amount paid out of it one has no choice
President Trump needs to keep his message simple and easy to remember.
The border.
The economy.
The crime.
Close the border and deport illegals will take care of the economy and the crime.
No problem, just reduce government spending by $1.8 trillion. There is no such thing as a trillion dollars.
Cutting taxes and tax rates always ends up increasing federal revenue.
We already paid tax on SS when we were working. Now we pay tax for up to 85% of it again, depending on our “wealth”.
Except given the “after the fact investment” you will actually accrue a tax savings because of mandatory contributions.
If he really wants to make it for Citizens, then make sure anyone recieving Social Security without the 40 required quarters, unless disabled, cannot get the tax break. Given SS to illegal aliens was always wrong and they should be taxed at the 100 percent rate.
The left will just (promise to) steal it, like they did the tax on tips.
(promise to, then renege)
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