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re: 'You earned it, you keep it act' bill would eliminate taxes on Social Security

Posted on 2/8/24 at 5:34 pm to
Posted by armtackledawg
Member since Aug 2017
12209 posts
Posted on 2/8/24 at 5:34 pm to
Correct, and a very big one. 6+%
Posted by NC_Tigah
Member since Sep 2003
125444 posts
Posted on 2/9/24 at 4:09 am to
quote:

Correct, and a very big one. 6+%
12.4%. Half of that may be shielded from some workers by their employers, but as an employer cost, those chickens will come home to roost somewhere.

For the self-employed, it's a 12.4% hike, flat out.

For trust fund and "unearned" income, it's zero.
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