Is taxing Social Security benefits a tax upon a tax?
Donald Trump proposes yet another tax break
I come not to bury Donald Trump, but to praise him.
Yes, giving credit where credit is due, I am here to officially endorse Donald Trump's plan to end taxing the benefits of Social Security recipients.
If Kamala Harris is smart, she'll do the same. I mean, who wants to be on the wrong side of an issue that will benefit so many Americans in an age group that has historically had incredibly high voter turnout?
No one, after all, is getting rich off their monthly direct deposit from the Social Security Administration. Trust me on this.
If your only source of income is Social Security, you will not be living high on the hog. In fact, there will be no hog at all in your life. More like canned pork and beans. Without the pork. And then only if you can afford a can opener.
We should also keep in mind that Social Security is not a voluntary program that people willingly join early in life and they get what they bargained for when their so-called Golden Years arrive.
No, Social Security is involuntary, forced upon most American workers with no consent at all. It does provide a bit of a safety net for some seniors, but again, if this is your only income source, there will be some major holes in that safety net.
Low Social Security payments are one of the main reasons seniors continue to find work long past the normal age of retirement. They simply can't live on what the federal government is sending their way, sometimes with a small annual cost of living adjustment and sometimes not.
If the senior in question still has kids under the age of 18, a small stipend is provided for each child, but oddly, no health care is provided for those same children. Medicare covers only the senior, not his or her dependents. Yet another hole in that so-called safety net.