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calimary

(81,220 posts)

71. Yep. Seems only fair.

Reply to JustAnotherGen (Reply #1)

Wed Aug 31, 2022, 04:47 PM

Aug 2022

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They might quit taxing Social Security! [View all] TexasBushwhacker Aug 2022 OP

I agree with this! JustAnotherGen Aug 2022 #1

I agree. It's a travesty that it's faxed and definitely raise the cap jimfields33 Aug 2022 #3

I like the idea of an untaxed "window" TexasBushwhacker Aug 2022 #18

It's a percentage of your income. Why shouldn't everyone pay it? G2theD Aug 2022 #20

Because, traditionally, the goal has been to capture payroll tax TexasBushwhacker Aug 2022 #52

I guess I don't see why not. Just my thought. G2theD Aug 2022 #67

Because we already paid for it... Trueblue Texan Sep 2022 #111

According to the OP, the proposal applies to raising the cap on payroll taxes... Trueblue Texan Sep 2022 #113

What do you mean? G2theD Sep 2022 #124

Not specifically answering you... Trueblue Texan Sep 2022 #127

Thanks G2theD Sep 2022 #128

BRAVO! homegirl Aug 2022 #28

That's a fair point JustAnotherGen Aug 2022 #77

Uhhh, mortgage on a $100k to $150k is $23,000 a month? PoindexterOglethorpe Sep 2022 #103

Yes - 2300 JustAnotherGen Sep 2022 #115

Also - I'm using the example JustAnotherGen Sep 2022 #116

I guess I misunderstood the cap on social security... Trueblue Texan Sep 2022 #112

Last year it was JustAnotherGen Sep 2022 #117

Why A Limit At All? ProfessorGAC Aug 2022 #23

I agree inthewind21 Aug 2022 #63

Me too! raising2moredems Aug 2022 #102

Because we must protect the incredibly rich. dchill Aug 2022 #68

+1 peppertree Aug 2022 #74

I Meant A GOOD Reason! ProfessorGAC Aug 2022 #78

Pretty sure THEY think it's a REAL GOOD reason! dchill Aug 2022 #79

because as soon as inputs are disconnected from outputs, mopinko Aug 2022 #84

That Doesn't Fly To Me ProfessorGAC Aug 2022 #89

well, all i know is that's what teddy kennedy taught me. mopinko Aug 2022 #96

You can bet that there will be a big push to raise the benefit fescuerescue Aug 2022 #94

rich people arent stupid. mopinko Aug 2022 #97

Because SS is not a tax and isn't designed for wealth redistribution grantcart Sep 2022 #106

This is brilliant! JustAnotherGen Sep 2022 #119

I think it's high cost of living states JustAnotherGen Sep 2022 #118

Yep. Seems only fair. calimary Aug 2022 #71

Good on both counts. marybourg Aug 2022 #2

Has Social Security always been taxed? BlueGreenLady Aug 2022 #4

It wasn't before 1984. El Supremo Aug 2022 #7

Thanks to Ronald Raygun and BlueGreenLady Aug 2022 #9

I just retired Delphinus Aug 2022 #72

I also got hit by my capital gains. El Supremo Aug 2022 #85

It was a Reagan thing, to offset his tax cuts for the rich. Midnight Writer Aug 2022 #41

Social Security is taxed True Blue American Aug 2022 #46

Social security is means tested Deminpenn Sep 2022 #110

I think I just posted that True Blue American Sep 2022 #120

We can thank Reagan for this. But at least he was able to give the rich a tax break! liberal_mama Aug 2022 #58

Reaganomics. A percentage of SSIand SSDI could be taxed based on how much other income you were gett haele Aug 2022 #61

This is the reason I do not worry True Blue American Sep 2022 #121

Reagan-Packwood-Rostenkowski Tax "Simplification" Recursion Sep 2022 #105

DOA SoCalDavidS Aug 2022 #5

I dunno TexasBushwhacker Aug 2022 #11

I always harp on that cola issue too Unwind Your Mind Aug 2022 #26

Yup, I pay fed taxes on 85%. KPN Aug 2022 #57

Me too! blueinredohio Aug 2022 #88

Right on! True Blue American Aug 2022 #47

100% WarGamer Aug 2022 #6

Your "base benefit" would see me taking a rather big hit. rsdsharp Aug 2022 #49

The base benefit is the LOWEST payment for someone who is receiving SS. WarGamer Aug 2022 #81

I see. Thank you. rsdsharp Aug 2022 #83

So inthewind21 Aug 2022 #65

see #81. I think you're misunderstanding me. WarGamer Aug 2022 #82

Those of us who live on SS don't make enough to pay tax on it Kaleva Aug 2022 #8

That is where I fit in but I don't think any senior should have to pay taxes on SS. appleannie1 Aug 2022 #24

My wife and my combined SS puts us over the top for commodities Kaleva Aug 2022 #29

Please please please Tree Lady Aug 2022 #10

This is a great proposal! LisaM Aug 2022 #12

The cap get's raised every year fescuerescue Aug 2022 #95

Remove the income cap FULLY! Roland99 Aug 2022 #13

This! moonscape Aug 2022 #17

Thank St. Ronnie for taxing SS Freddie Aug 2022 #14

Little guys don't pay tax on SS Kaleva Aug 2022 #30

If you make more than $25,000 you pay taxes on Social Security Farmer-Rick Aug 2022 #36

We don't make more then 25k with our combined SS payment Kaleva Aug 2022 #37

That's because that $25K limit was NEVER increased TexasBushwhacker Aug 2022 #86

The vote was bi-partisan, with a higher % of Dems in the House Abolishinist Aug 2022 #32

Get rid of the cap all together... JT45242 Aug 2022 #15

This bill will also highlight the fact that Democrats PROTECT social security, whereas the Repubs LaMouffette Aug 2022 #16

States can still tax SS income, however. That needs fixing. n/t TygrBright Aug 2022 #19

Some States Have ProfessorGAC Aug 2022 #27

PA only taxes W2 income Freddie Aug 2022 #34

Well, That's 2! ProfessorGAC Aug 2022 #44

Iowa has recently adopted a law to exempt retirement income rsdsharp Aug 2022 #53

Good! ProfessorGAC Aug 2022 #59

37 States plus District of Columbia do NOT tax Social Security mnhtnbb Aug 2022 #76

i dont know about all states, but il is based on you gti from your 1040. mopinko Aug 2022 #98

Way overdue. NoMoreRepugs Aug 2022 #21

Just the raising the cap is a good idea. appleannie1 Aug 2022 #22

On Biden's broadcast tomorrow night KS Toronado Aug 2022 #25

Thank you Rep Craig. lpbk2713 Aug 2022 #31

Great idea! If the repubs fillibuster, it's another campaign issue... Wounded Bear Aug 2022 #33

For sure! nt SunSeeker Aug 2022 #40

Hope it gets signed soon! I'm a bit worried about the House control coming up. n/t TeamProg Aug 2022 #35

Great news! Snarkoleptic Aug 2022 #38

Another great DEMOCRATIC idea! SunSeeker Aug 2022 #39

Winning issue for Dems in November ** UGADawg Aug 2022 #42

Make it $500,000, then start again at $1,000,000 ... aggiesal Aug 2022 #43

id like to see em get rid of sub part 1]a b and c where it aint none of those AllaN01Bear Aug 2022 #45

K n R ! Thanks for posting! nt JoeOtterbein Aug 2022 #48

We both retired at 64 Bayard Aug 2022 #50

This is a good issue to push before November. The Jungle 1 Aug 2022 #51

OhPleaseOhPleaseOhPleaseOhPleaseOhPleaseOhPleaseOhPlease Stinky The Clown Aug 2022 #54

Social Security should never have been taxed in the first place. KPN Aug 2022 #55

Remove the salary cap altogether Rocknation Aug 2022 #56

K & R!!! WA-03 Democrat Aug 2022 #60

About Damn Time BlueIdaho Aug 2022 #62

Didn't Al Gore call this "The Lock Box" ? (Referring to Medicare ) flying_wahini Aug 2022 #64

They aren't "stealing" TexasBushwhacker Aug 2022 #66

It's way past Rebl2 Aug 2022 #69

EXCELLENT! I never did understand why I was taxed twice, esp since for a lot of people... Hekate Aug 2022 #70

Well, I think the philosophy was that because most of what you put in TexasBushwhacker Aug 2022 #93

A democratic tax cut. I'm sure republicans will back a tax cut, Emile Aug 2022 #73

I wonder how many of the future Social Security payees... llmart Aug 2022 #75

Need to see the effect of raising the cap as we already pay a hefty chunk BSdetect Aug 2022 #80

You are actually taxed twice. El Supremo Aug 2022 #87

make it so GreenWave Aug 2022 #90

Yay! greblach Aug 2022 #91

Both benefits & the cap on income subject to the tax snot Aug 2022 #92

Shit! Stop this! Grins Aug 2022 #99

If only Cozmo Aug 2022 #100

K&f'ingR GoodRaisin Aug 2022 #101

My taxable income is low enough that I pay PoindexterOglethorpe Sep 2022 #104

Windfall provision markodochartaigh Sep 2022 #107

Just eliminate the cap altogether. N/T RocRizzo55 Sep 2022 #108

the cap raised to only 250k?? Crazyleftie Sep 2022 #109

Oh my God yes!!! lark Sep 2022 #114

I know next to nothing about SS. But from the replies here, it sounds like a good idea and a winning Carlitos Brigante Sep 2022 #122

And they will oppose it TexasBushwhacker Sep 2022 #126

I just wrote a letter to my representative in support of this wonderful legislation. n/t PatrickforB Sep 2022 #123

It's about fucking time. Martin68 Sep 2022 #125

It's about time to get rid of this! AS12 Sep 2022 #129

To me, the biggest error was they didn't have a COLA for the income guidelines TexasBushwhacker Sep 2022 #130

Message auto-removed Name removed Sep 2022 #131