You only pay tax on social security if your total income is over a specific amount. It only starts out on a portion and increases. The governments looks at social security an an entitlement program since whatever money you put into it has already gone out paying past receipients. The tax is just a way to get more money out of "rich" people.
2006-10-15 05:07:10
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answer #1
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answered by Barkley Hound 7
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Welcome to the US Government. It's also the same with the death tax. You pay taxes on your wealth as you acquire it, but then pay again as you depart this life. There is not a thing we can do about it short of an all out revolution.
2006-10-15 05:09:34
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answer #2
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answered by Anonymous
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Welcome to the US Government. It's also the same with the death tax. You pay taxes on your wealth as you acquire it, but then pay again as you depart this life. There is not a thing we can do about it short of an all out revolution.
2006-10-15 04:57:55
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answer #3
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answered by Anonymous
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Social risk-free practices is taxed given which you have different income above a undeniable shrink - then as much as 80 5% of the social risk-free practices is taxed, counting on your different income. It includes all taxable income, not in basic terms that from a job. Unemployment is taxed by using the federal government. they are taxed by way of fact the regulation says they are.
2016-10-16 05:30:43
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answer #4
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answered by Anonymous
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If our government doesn't double tax middle-class Americans who's going to pay for all the benefits for illegal immigrants? I'm in the same shape you are my SS is heavily taxed!
Representation for Middle-class Americans
No Amnesty (by any name)
2006-10-15 05:11:46
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answer #5
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answered by Anonymous
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Double taxation. Ask the Repug's they have been in power for past 5 years but have not changed this item. More important for them to
APPEAR to care. Vote Demo in Nov 06 and 08.
2006-10-15 05:01:49
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answer #6
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answered by Anonymous
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I have paid tax on every penny I have earned. Now if I suddenly popped my cloggs, and left all of my money to my son, he would have to pay tax on the money upon which I have already paid tax.
2006-10-15 05:06:50
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answer #7
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answered by Anonymous
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The same reason the Democrats love the Death Tax, greed!
2006-10-15 04:58:30
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answer #8
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answered by Anonymous
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Who says you can't pay a tax on a tax!
Good one, Tone!
2006-10-15 04:58:28
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answer #9
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answered by Walter Ridgeley 5
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If you think that is bad wait until you die. The dems will tax everything possible and if they win control of congress your tax rate is going up.
2006-10-15 10:44:55
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answer #10
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answered by rmagedon 6
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