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re: 'You earned it, you keep it act' bill would eliminate taxes on Social Security
Posted on 2/9/24 at 7:33 am to TigerintheNO
Posted on 2/9/24 at 7:33 am to TigerintheNO
quote:
-that would repeal the taxation of Social Security benefits
-raises the cap on SS tax from 168K to 250K
-extends the program's solvency by 20 years
I might would support something like this if it also included:
- Stop skimming from the program to pay for other government programs.
- STOP allowing those that did not pay in to draw.
- move the program to or provide an option for an investment based system
Posted on 2/9/24 at 7:45 am to The Maj
quote:Again, the OP got this wrong. The SS Tax would apply to all earnings >$250K
-raises the cap on SS tax from 168K to 250K
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