This is a very significant policy proposal. President Trump is supporting a position that Seniors should not pay taxes on Social Security income.
[SOURCE]
This comes on the heels of President Trump supported policy that income received from service tips should not be taxed.
Combined, both of these policies would result in massive numbers of middle-class Americans having more money in their bank accounts. The national economic benefits of these two combined policies are extremely significant and could actually offset the financial damage done by Joe Biden.
The timing of this announcement coincides with President Trump visiting Chicago.
social security is designed so that you die long before you get back anything close to what you paid in.
My father died at 52 didn’t get a nickel
I wholeheartedly agree!
Yea!!!!!!!!!!!!! A big in-your-face to Biden who was the deciding vote to activate that tax.
These are great policy suggestion, but what is really needed is an end to property tax for all homeowners over 70 years old when you have paid off your mortgage and you “own” your house.
At least for people in certain income brackets. I wouldn’t necessarily want to do it for people who are still raking in hundreds of thousands of $$$ every year. I definitely would for someone who is living just on social security income.
Wrong thinking, SoAngryNow. If you are going to support no federal taxes for SS income, it HAS to be across the board. When you start saying that certain income tax breaks should not be given to rich ppl, then that is the way the liberal govt thinks now. We cannot fall for that!
My comment regarded property tax, which flyover was talking about.
To piggy back on TMJ …
The principle remains for property taxes. What difference does it make if someone has more money than another? That just buys into the socialist class envy BS. Everyone is entitled to private property rights, which property taxes obscure.
I tested that, not paying property taxes, for three years. No Sheriff at the door, no tax sales, and I had a plum of a property that sold within a week of being listed and closed in three weeks. I did all of it on purpose.
TBH, the back taxes weren’t bad, very little penalty and, bonus, that and three years of not paying a mortgage payment resulted in huge deductions year of sale, along with legal. fees and other costs of sale, that ended up with a capital gains tax of roughly 2 months SS. For 35 years ownership on a fully depreciated business property.
People can use their brain to fight the power. Sure we have guns too, and I’ve no problem with killing enemies, but try economic warfare first. Make the choice.
Face the fear. The enemy is only human. See them for what they are.
property tax collection laws vary by state. Colorado auctions a tax lien when taxes are several years in arrears. The owner still has a long period of time to pay the lien plus penalty and thus retain the property. thus CO is just churning-makework for the government workers.
Okla auctions a tax deed after 3 years in arrears. no tolerance. one and done.
Depending on where you live you can work the system but make sure you know your state laws.
I lived in Communist California for sixty years.
ETA, my original goal was a war and I was prepared for it but my lawyer laid out the numbers and talked me out of it. He showed me how I could profit from playing the system and boy was he right, and I’m still alive and no humans were harmed. Yet.
Took some time, eh? to move on? I had a few years in Ca. when it was nicer.
In my county and adjoining county where we have rental property, both require payment at end of fiscal year otherwise the property goes to tax sale. I’m sure many other counties have same policy.
Why? They earned it. Not every high earner screwed someone over to make a higher income. They made better choices in life. They studied while others partied. They made goals. They should not have to pay for others poor choices over and over and over. Generation after generation.
Why? Because we kind people try to help others who are struggling.
Communist thinking. Who the “H” cares about the amount of $$ someone else has? No Property tax means Freedom!
That means a Freedom for everyone. Isn’t that what we want?
I also means FEWER government employees being paid by YOUR $$$.
Yes
I think allowing them a “homestead” exemption (no taxes) on one property and any/all other properties continue to be taxed at regular rates.
Actually it was increased to 85% many years ago by the democratic controlled congress and based on other income. I think POTUS Trump is suggesting total elimination.
Everyone, regardless of income. Start making rules it muddies up the intent. “no taxes on social security”
That’s at the state level and President Trump is for state’s rights.
Property taxes are a state-by-state, county-by-county issue and not a Federal income as SS is. Trump can go after FEDERAL income taxes, not the states income taxes and property taxes.
Federal income taxes are an abomination and repugnant to a free people.
Most states follow Federal rules for income taxes… even in California.
there is no Federal Property tax … its all local … nothing a President can do about it …
Property tax is a state function and has nothing to do with the president. Most states, though, do have a Senior/Elderly Exemption for property tax below a certain net worth or income. Check with your state or local municipality or search “Senior/Elderly Property Tax Exemption.”
The state pays for it where I live, below a certain income/asset level, and it becomes a lien on the property until the death of the owner or it’s sold/transferred.
Caveat though is the property must be insured to qualify and I ran the numbers and it wasn’t worth it, meaning the combination of lien and having to pay insurance didn’t pencil out. Property taxes are low and have risen only 30-40 bucks a year over the last ten years.
States where they actually pay the taxes with no lien, that’s a good deal. Oregon used to be like that but changed about the time the Communists took over.
https://www.tax-rates.org/taxtables/property-tax-by-state
I hate property taxes as much as the next person, but I still use the roads, 911 services, fire and police, community colleges and other things property taxes pay for. Having to pay for horrible public schools hurts.
Not certain, but a large (largest?) chunk of property taxes goes for public schools.
Does that change your answer?
Schools do appear as the largest identifiable chunk in my locale, even though it’s dozens of miles through the forest to any semblance of a school. Last year they stuck us with a ‘fire patrol’ fee even though I can’t get wood to burn around here with gas on it. 18 bucks doesn’t seem like much but that’s three days groceries for this old useless eater.
I consider yearly property tax, which is quite a large sum for an impoverished senior, about a month’s SS for myself, to be the extortion I pay to live in the forest a short walk from the beach and a quite defensible survival location considering where the Republic is headed.
Lastly, Oregon is a de-facto no sales tax state and, so far, that factor alone has more than paid the local property tax. Of course, that matrix requires consumption, which in itself also supports the Communist regime, so I limit it as much as possible. Anything to battle the Communists, that’s the mission.
Up to state and local governments
Property tax is un-American…
It should have never been tolerated, and should be cast into the trash.
You should not have to pay off your mortgage to qualify for no property tax at 70 years old…it should be, IMO, 65 years of age and you pay no property tax on your residence, mortgage or no mortgage.
I agree with this strategy. Anything we can take from the Government, the better.
Now, what does that do to inflation? Waiving taxes on Social Security benefits could reduce inflation; here is my logic:
1) If seniors use the additional disposable income to save rather than spend, this wouldn’t increase demand for goods and services. Higher savings rates can lead to lower consumer demand, which might help reduce inflationary pressures.
2) Government spending, on the other hand, tends to increase demand and can be inflationary, particularly if the economy is operating at or near full capacity.
3) If seniors use the extra money to pay down debt, it would similarly reduce the amount of money circulating in the economy.
Paying off debt doesn’t contribute to consumer spending and can decrease overall demand, potentially easing inflation.
4) Lower Borrowing Costs for the Government:
a) When individuals save more, a portion of these savings often goes into purchasing government bonds. This increased demand for bonds can drive up bond prices.
b) Higher bond prices mean lower yields (interest rates) on government bonds, as the yield is inversely related to the bond price.
c) The interest savings can now be used to pay down federal debt.
Yeah, I know. Put down the pipe, JoeS.
“Waiving taxes on Social Security benefits could reduce inflation”
No. The ONLY way to reduce inflation is to stop federal deficit spending OR stop the Fed from buying Treasury bonds needed to finance the deficits (or both). The Fed is an official sector counterfeiting operation, that creates new $ to buy those bonds, depreciating the value of the $ already in existence. You can only solve inflation AT THE SOURCE.
Great points. I’m sorry my reply seems to miss your point.
I think we are in agreement, but you seem focused on specific federal spending as the sole source. I am saying that is a large part of the cause.
Milton Friedman declared that inflation is always and everywhere a monetary phenomenon.
You eliminate inflation by reducing money (too much money chasing too few goods).
Money is created via borrowing. Either by a government or an individual.
If you reduce federal borrowing and private borrowing, the money is destroyed. Thus inflation will decrease.
When seniors, or known savers, choose to keep their money, they reduce the need for borrowing by both individuals and the government, thereby preventing the creation of excess money and reducing inflation.
But, as you point out, the government must cease borrowing money to control inflation. That will only occur if the dollar is no longer a global exchange currency. We must issue debt to supply the globe with enough currency to settle transactions each day.
That is what this is all about.
Our current inflation has nothing to do with demand. It is purely a function of increased energy costs. Eliminate the idiotic “Green / climate change” hoax and bring down the cost of energy and we will be worried about deflation. Never could figure out the problem of things costing less but I’m an engineer not a smart economist.
Oh and, Joe, don’t worry about us old folks (I’m 80) saving our social security. I might be able to afford the Porterhouse stake again once in awhile when it costs $4 a pound instead of $20. A welcome treat to occasionally mix with the hot dogs and spam.
And don’t forget that Poke Salad. I’d gladly share a good dog with you anytime, Lokiscout.
Massive Federal Government spending also drives inflation.
It is a smart move. Although most do not pay any Federal taxes on their benefits. It depends on what other income you have. Only a portion is taxable if you have substantial other income.
Correct! For those of us only on SS, this idea from Trump makes no difference to us. BUT it is still a great idea for the others that have other income to consider on tax returns.
For those of us paying double or triple for Medicare part B due to IRMAA it takes some of that sting away.
I would argue most do pay federal taxes on SS. Very few pay no federal taxes. For a single person there is no federal tax on social security if their other income plus 50% of their SS benefits are less than $25,000. If their income(including 50% of SS payments) is between $25-34K then 50% of SS is taxed. Over $34K then 86% of SS is subject to federal tax.
It would be interesting to see the numbers. There are ways of minimizing the impact, similar to how I minimized/avoided taxes during my working years. Use the same processes and loopholes the wealthy and corporations use.
In fact I was so successful that I only get the bare minimum SS for my age group. Why? Decades of zero income after working those 40 quarters. I lived quite well on zero (taxable) income.
Choices. Middle class (and other) retired people have choices too. Me, I don’t complain. I take action.
Yes, and there is NO REASON for it to be so complicated. I worked and paid into SS, and now draw a fairly good amount. Because I held reasonably high paying jobs. Those who did not pay so much in and now draw fairly low amounts should receive no greater tax break than me
So sayeth Soc Sec dot gov.
The 25k and 34k limits have not changed for four decades.
For many with healthy IRA’s, once those required minimum distributions hit, the taxability of SS will be an eye opener. Combine that with losing a spouse greatly effecting the standard deduction and the tax liability further increases.
If and when the tax cuts implemented by President Trump expire this year, losing the lower tax brackets and increased standard deduction will have a huge effect for most.
And that is another shock when you lose a spouse.
“For many with healthy IRA’s, once those required minimum distributions hit”
Required Minimum Distributions (RMD) are a great source of aggravation for me. I growl every time I have to do it. I should be free to spend, save, or do nothing with my own money.
Take a Qualified Charitable Distribution. Get the deduction in AGI without needing to beat the standard deduction limit for example, with weekly giving to your church.
Yea!!! I have mentioned this to our President in every letter I’ve sent him!!!
Just said a YUGE prayer for him, as we do every day for him. Melania and Barron and his entire family.
President Trump needs to add this to his tax proposals: No income tax on any beyond first forty(40) hours of labor. Overtime? No tax. Second or third job? No tax…
This with his other proposals would pretty much wrap things up when combined with election integrity efforts
Yea! Like it used to be. That would help a lot.
Trump tried to eliminate that “carried interest” tax dodge last time, a huge giveaway. The Uniparty and big finance assassinated it. I hope he gets it. It was many 10’s of billions to select oligarchs every year. They purchase their select status.
Winning!
Yaaaayy!!! This should make some ppl sit up and take notice, esp those 50+.
I’m 1000% for this. I’ve never understood it. Pay into a system your whole life and when you get it back you’re taxed again. Such a disgusting practice.
That being said, the money will need to be made up elsewhere. And that should NOT come from new taxes. It should come from cuts to dept of education and other wasteful departments.
50% of SS is paid by employer (not taxed to them) or the self-employment tax (not taxed there either).
About time.
Have been saying that seniors should not pay tax on Social Security…..since my Mother in Law was collecting.
Thank you President Trump…..
Awesome!
This is one of the greatest things ever for President Trump to propound, along with no taxes on tips!
Taxman by the Beatles….
Another GREAT idea to bring in a HUGE and growing voting block, even more so than the no tax on tips idea.
Tax on Social Security benefits (which are benefits derived from income for which we have already PAID tax), should NEVER have been taxable but BECAME taxable as a result of legislation coming from JOE BIDEN! (the b*st*rd!). The sooner this is reverse, the better.
Don’t know about Biden’s voting record on the issue but taxing SS was part of the Reagan Tax Cut.
No, they were enacted in the Social Security Amendments of 1983 act. That was a far-reaching act changing many features of Social Security. Senate passed 58 – 14.
I’m planning to keep working after I start to collect SS. If SS isn’t taxed, then I hope it also doesn’t some how put me into a higher tax bracket so that my employment income is taxed at a higher rate.
True that, your SS, or any other retirement or partial disability pay should not only be untaxed but unreported as income.
It’s all gross income.
Currently the SS benefit is included in gross income but subtracted when figuring adjusted gross income (AGI) though I would have to look up how it is treated for Alternative Minimum Tax (AMT) and Modified Adjusted Gross Income (MAGI).
Freacking A, Finally! It burns my asp that money that was confiscated during my lifetime, I now have to pay taxes on when they decide to give it back. Now eliminate income barriers, let people be the best that they can be and live their best life!
I have never (yet) collected on social security and I don’t feel like it will be available by the time I “arrive.” But I never knew social security payouts were taxed. That’s absurd and insane!
These people in government REALLY hate us. There’s no other way to look at this.
People in gummint (mostly Democrats) don’t hate us. They just don’t care. They don’t consider unintended consequences. And since most of them become quick millionaires in the job, they don’t think the way the real people (us) do.
The original concept was that 50% of the FICA tax paid by employer/self-employment tax was not subject to tax. So you “owe” tax on that 50%.
Good to hear for those so afflicted, even if in theory. I’ll never be among them. Heck, the state even pays for my Medicare. I could have them pay my property taxes too but I didn’t want to insure the place and that was a requirement. I give the government and corporations the finger, within reason 👍
I call it profitable poverty, or economic warfare. Choices.
If Congress is involved, the backstop I posited awhile back as the Communist goal in 2024 will come into play. They’d have to say yes. If they did I might, just might, consider reactivating my business and skill set to a limited degree in the mainstream. For now, it’s not. For decades I was a middle class business owner so I know that lifestyle, hence my sympathy for those afflicted with such tax burdens.
It would also garner more votes and support if the rules regarding Required Minimum Withdrawal (RMD) from tax deferred savings were heavily modified … as start point set the threshold at about the $5 Million Point, which covers over 90% of wage earners and families.
This would encourage people to save and make the ALL the Investing Companies really happy because of all the cash that would be retained in accounts they support, under $5 million.
I hate Required Minimum Distribution (RMD). It’s my money, my choice whether I spend it or save it. I like your idea, because there is definitely not $5M in my IRA. It’s just barely an IRA!
I am stoked about not taxing tips.. SS benefits are not going to be around when I am of age.
Excellent proposal that ties up the big spenders who preach Trump wants to eliminate SS and Medicare. Now, from REALVILLE, here is the heavy lift required to DO this:
> MUST get solid majorities of R’s in both houses to stand any chance.
> MUST have a plan to recoup a portion of the funding lost. This should be from budget reductions but those are nearly impossible to achieve. Some combination of reductions plus new revenue streams (tariffs maybe).
> NEEDS to make it part of more comprehensive tax policy reform, which is a MASSIVE mountain to climb. Taxation and government spending is the mother’s milk to lobbyists, and therefore pocket money to politicians. Probably impossible to achieve something broadly ambitious.
I can’t imagine any DC collective of representatives willing to go forward with major taxation overhaul. Eliminate federal taxation? Never happen. Modified tax? A flat tax has been popular among many conservatives but hasn’t gained any significant traction. Use a national sales tax? Likely never happen either, since these are more impactful on lower income persons and families.
President Trump should run on implementing a flat tax coupled with elimination of practically any and all deductions. Everyone pays on all income other than SS. Wealthy can’t hide or shelter income, or deduct losses, farms, rental expense, etc. Couple that with a 10% cut of federal budgets for most agencies over 4 years (2.5% each year), except for defense (5%). Medicare and SS get zero cuts. Medicaid TBD, but effectively reduced by eliminating benefits handed out to illegals.
Anyone of sound mind and body who will vote for Trump must vote down ticket straight R.
That sadly will include some rinos.
But those can be primaried and defeated in 2026 if they play the dem stimie game.
Anybody else notice the POS Richter in AZ was defeated ?
Great news.
And while we are at it, limit the Medicare Part B premium that is deducted from social security payments. The increases in this have been double than what the SS cola adjustments are. Increased Part B premiums are a tax on senior citizens.
Yep, if the state hadn’t paid it, that hit would currently be about 17% of my monthly SS income, or more than the state pays out in SNAP each month.
Take from the Communists, back MAGA, vote for MAGA, live MAGA behind Communist lines. If more MAGA engaged in economic warfare, we’d strain the Communists even more. Money is an excellent weapon. PDJT taught us that by how he used money as a weapon all around the planet when POTUS. Use it.
IMO, more important than taxing, or not, SS, is CBDC. OK, useless MAGA eater, HAL has identified social activities contrary to the mantra of the body, so no eating for you this month. SS and/or any other government stipends ‘delayed’. Far fetched? OK. I won’t say I told anyone so.
I am subject to IRRMA so pay x2 Medicare part b compared to average senior. Also because I was Medicare eligible before taking social security annuity my Medicare part B went up in years when SS beneficiaries got no COLA (by law those receiving SS annuity with no COLA could not have Medicare increased, but the needed revenue was collected by increasing the amount those of us paying by quarterly check had to pay.)
A note on taxes levied against Social Security for those who do not know.
If you are drawing Social Security (DOES NOT Include: SSI or Social Security Disability) and your Gross Income (UN-ADJUSTED) exceeds a threshold of $25,000 (filing single) or $32,000 (filing joint), then 85% of your social Security Payment is TAXED as INCOME.
Think of as the Government Taxing a Tax payment you made years ago …. with the twisted rationale that the Social Security Tax paid gathered interest and the Government is collecting tax on that interest. That is the twisted logic being used to justify this tax.
And there is that dang marriage penalty–$25,000 for single, but only $32,000 for a married couple filing joint instead of 2 x $25,00=$50,000!
Taxes have already been paid on contributions!
Not the 50% employer/self-employment tax. Those who are W-2 employed have no idea how much FICA tax really is. And of course with the EITC many aren’t even taxed on their potion of FICA.
If you don’t want your server(s) to pay taxes on tips, introduce yourself and hand them cash. Tell them it’s a gift from one friend to another, not a gratuity.
Tell them anything you want. Employer is required to assume tips.
Even if you tip in cash, paying the bill with a credit card results in an 8% tax on the total bill. (unless they changed the law since I waited tables).
Wayne Allyn Root has been calling for this for weeks now on his TV show. Glad he’s following the suggestion.
Retired Magistrate here: We saved and planned for our retirement so that we would be comfortable; i.e., a solid, paid for roof over our heads, cars than run and enough food to eat.
However, it seems that all we do is pay taxes. February, real estate taxes due; April 15, yearly income taxes due; later in April, estimated taxes due; June 15, estimated taxes due; July real estate taxes due; September estimated taxes due again and then in January, estimated taxes due.
This year real estate taxes in Ohio rose 20% or more. That coupled with the ever increasing price of fuel oil, gas, food, prescription medications and other necessary items is really starting to eat into our retirement.
So, President Trump’s proposal to not tax Social Security income would be wonderful and it should be that way for everyone who receives Social Security.
In my state rental owners must pay a version of sales tax on rents. So add in that, in my case I must make a monthly tax return and I got fined for not filing electronically.
Wow, I don’t know why I am still amazed at the schemes politicians develop to fleece hard working Americans.
Between taxes on SS Income, IRA RMDs, and private pension, I’m going to be killed by taxes in a few years. I would love to see this. The extra $$ would either go into the economy as spending or invested.
Interesting! This was one of the big sources of income that fueled the “Regan Tax Cut”! I remember my Father-in-Law (a die hard Democrat) being rightfully pissed about it at the time. Could I live long enough to enjoy its reversal? We will see. First we have to get our Lion elected.
No. It was separate part of a Social Security reform (increased full retirement age, required new federal workers to join SS, many other things).
Trump’s proposal is fine, but let us not forget, it is the younger generations which really needs financial help. That is why I suggest Trump should set up a public bank in the Treasury. The main purpose would be to create mortgages at zero percent interest for young couples with children to buy homes for their families and give them a better opportunity to get in on the American dream. If we want young families and future citizens, we need to do something to make it happen. The banks would be put on notice too that the country is moving back to productive growth and away from the parasitic financial bleeding of the worker. My point is not just to talk about problems, but to suggest concrete actions to fix things.
No. Public controlled lending is bad. It is the Chinese model: loans go to you if only vaxxed, selective service registered, vote democrat, etc. we already have government lending. Look what happened to the cost of college when government debt got involved. The best solution if you want government involvement would be an SBA for mortgages. We tried giving loans to everyone and 2008 happened. The real solution is to stop offshoring jobs, and force employers to justify college degrees for positions.
We already have GNMA backed home loans for HUD/VA loans.
“Look what happened to the cost of college when government debt got involved.” Yes, no way that should have happened like that. Practically anyone of the commenters here could have managed the student program to drive college costs down.
“We tried giving loans to everyone.” Giving no interests loans to young couples who are first-time home buyers and others fully qualified for a mortgage, is not everyone in my book.
Any program can be royally screwed up. Any program can be set up so flimsily that it can be milked for our money. So what? Something has to be done. We need new families who can cash in on the American dream. We need future generations. And as far as China goes, they probably see us as an example of every way possible a county can screw things up, and took a lesson from that. Do the names Biden and Harris mean anything? Just to make it easy.
IMO, PDJT was on the right track bringing jobs building actual products back to the U.S.
Those of us who worked through the Carter administration and its crazy inflation know the adversity of that era and even young grunts like myself working in ag and oilfield services were able to start families and buy homes, with quite high interest rates at the time (I had a 12% ARM on mine, went as high as 14%) and live comfortable lives.
Why? Decent jobs with a livable wage. I did it on ten bucks an hour as a non-union machinist. It’s not rocket science. In fact, it was that short stint (10 years) making a decent wage that funded the 40 quarters that qualified me for full SS benefits, albeit the minimum since I started a business to bring my taxable income to zero afterwards.
I know there are young people out there living like that today; the guy who bought my ag property put down over a hundred grand cash and was raising two daughters with his wife and sending them to church school. His riches? He’s a beekeeper and sold honey as part of the business.
Yes, what we really need is politicians running banks that will be tax payer funded when they go insolvent.
Having just turned 70, I agree that SS shouldn’t be taxed. But DJT also has to come up with a plan to cut Federal spending — the real problem. We are $35 trillion in the hole, but the feds are still spending like drunken sailors. Without reducing spending, all the money my wife and I have put away won’t be worth squat.
May I suggest that we REMOVE all illegals that are receiving SS benefits! Also, do you know ILLEGALS that receive SS get DOUBLE the amount that the highest SS American CITIZEN recipient gets!!!!
This old Leo on social security says: Love Trump’s proposal and love Sundance’s picture!
Thank you President Trump for putting this in your platform.
This will help millions of retirees have a much better chance of enjoying their retirement. The double taxation on Social security is outrageous. It will save many retirees thousands per year in taxes.
Social Security is already heavily taxed by INFLATION.
WOULD that I could “get back” from Social Security the $ I put in, AT THE VALUE it had when I contributed it!
THAT is why Inflation is often referred to as a “hidden” or “stealth” tax; except when its excessively high like recently, nobody really notices it, much.
Their costs go up, just a little every year, and their paycheck goes up although not quite as much (except during the Trump years, first term!).
Still, what a $ bought, in the years when I was paying in, is a LOT less, than what a $ buys, now.
I and all of us are getting perhaps $0.25 on the dollar, and then they want to TAX it?
“Still, what a $ bought, in the years when I was paying in, is a LOT less, than what a $ buys, now.”
Since 1997, prices of almost everything has doubled or tripled.
Before the Wuhan virus.
Those living on SS income did not see that kind of increase in their monthly check.
Now many prices have at least doubled since “virus”. CTH has already outlined why.
Fantastic plan for those Americans who are actually paying taxes. The leaches who never put a dime into the system from the day they were born will look at this proposal as racist inequality.
👍👏👏👏 Trilled by this announcement 👏👏👏 .
Commenters have talked about how THEY will intentionally manipulate the polls, in the last days before the election, to ‘pave the way’ for making the election steal SEEM credible,…
I really think PDJT vs Harris is shaping up to be an election where that is just not possible, as the most popular POTUS goes up against the least, if they pull their shenanigans it will just not be credible.
Suppose they hadvan election, and NOBODY believed the announced results?
dutchman,the fake pollsters (who are the vast majority of the ‘pollsters’) have already started to manipulate their ‘numbers’ to favor Harris. They started to do so bigtime as soon as Biden dropped out of the presidential race. It is obvious they are working with the demonrats to try to steal the election.
I mentioned this here years ago. Quinnipiac polls used to call me for their polls. Then I noticed that their questions were phrased in such a way as to try to fool people into answering in ways that Quinnipiac could manipulate into making it look like support for leftist policies. The last time they called me I told them I had become aware of that.
I quoted a question they had asked (Do you support a new anti abortion law?), then I told the caller that the question was phrased incorrectly on purpose to confuse people and what the real question was supposed to be (it was supposed to be about PARENTAL NOTIFICATION if an underage daughter got pregnant and wanted an abortion). I pointed out that even though most leftists would answer no to the fake question, many would answer yes to the real question. The Quinnipiac caller freaked out because I had figured out how they manipulated the questions to push for pro leftist answers. Then I told him to withdraw my name and phone number from their call list, and told him not to give my name and phone number to other ‘pollsters’.
See Venezuela.
outstanding! It’s double taxation.
That’s THE ticket! Now he’s playing hardball. It has been a travesty to pay on SS… it never made sense to me. The amendments to the tax law were passed overwhelmingly in 1983, and raised the self employment tax as well.
Reagan signed that into law with a congress that could have overcome his veto. He never had a Republican Congress, and we paid the price.
Yup, they also phased in the FRA (Full Retirement Age) increase to 67.
We will soon find out, once Trump is elected, who our real enemies in the Congress are. Any Republican against this is nothing but a tax and spend RINO. And of course I don’t expect many Democrats to get on board with this, as they are all tax and spend hacks. It wouldn’t surprise me if they find some way to say that Trump is destroying Social Security with this plan.
This sounds like a very good idea, and is one that I would personally benefit from.
But, is this something that a POTUS can unilaterally implement?
No. Congress passed the bill to subject SS to tax, so they have to be the ones to eliminate it.
Tips, Social Security, any pension or retirement pay (for sure Military) or disability pay should not only not be taxed. It should not even have to be counted as income period (no entry into tax calculators).
I hope this happens! Maybe hubby and I could have steak again 😀
Do You Know the Best Part? DJT REALLY WILL DO IT! If backstabbers and Rino’s don’t stop it…
Spending sprees coming if this becomes a reality.