Social Security Taxing
Oct 2, 2020 01:45:06 #
Social Security Taxing
FYI- Taxation of Social Security. Social Security was not taxed from inception until 1983, and then in 1993 the amount of income taxed increased from 50% to 85%. Biden voted for both, and was the deciding vote in 1993.
And remember this — It was President Johnson who chose to put Social Security into the “general fund” and use it at their discretion. If the Democrats had kept their hands off this money there would be no issues with Social Security. Perhaps the government should pay back all the money they‘ve stolen from SSI.
Keep this one going. The more people that see this the better. The media will not put it out.
Prior to 1983, Social Security payments were not taxable. In 1983, Joe Biden voted in favor of taxing 50% of Social Security payments - and it passed,
In 1993, Joe Biden doubled down and was the deciding vote in raising the percentage taxed on social security from 50% to 85%
Joe Biden is not a friend to working folks—and certainly not to retirees. His voting record on SocialSecurity over the years is one slap in the face to retirees after another.
Now he wants to tax our 401k’s and IRA’s (it’s on page 78 of the Dems platform) and he also wants to introduce a 3% annual tax on our homes.
The record of Joe Biden shows he never misses an opportunity to raise a tax or introduce a tax to hurt the middle class and retirees.
FYI- Taxation of Social Security. Social Security was not taxed from inception until 1983, and then in 1993 the amount of income taxed increased from 50% to 85%. Biden voted for both, and was the deciding vote in 1993.
And remember this — It was President Johnson who chose to put Social Security into the “general fund” and use it at their discretion. If the Democrats had kept their hands off this money there would be no issues with Social Security. Perhaps the government should pay back all the money they‘ve stolen from SSI.
Keep this one going. The more people that see this the better. The media will not put it out.
Prior to 1983, Social Security payments were not taxable. In 1983, Joe Biden voted in favor of taxing 50% of Social Security payments - and it passed,
In 1993, Joe Biden doubled down and was the deciding vote in raising the percentage taxed on social security from 50% to 85%
Joe Biden is not a friend to working folks—and certainly not to retirees. His voting record on SocialSecurity over the years is one slap in the face to retirees after another.
Now he wants to tax our 401k’s and IRA’s (it’s on page 78 of the Dems platform) and he also wants to introduce a 3% annual tax on our homes.
The record of Joe Biden shows he never misses an opportunity to raise a tax or introduce a tax to hurt the middle class and retirees.
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