2007-02-03 01:12:47 · 21 answers · asked by madison31 1 in Politics & Government ➔ Other - Politics & Government
No. Like it's been said before; it's already been taxed. Speaking of tax......the death tax is a double tax. That money is money that has already been taxed and is taxed again because someone died. That is so unfair. Wasn't one of the reasons the Revolutionary War was fought was because of taxation........double taxes and taxation without representation?
2007-02-03 01:49:08 · answer #1 · answered by mel 3 · 2⤊ 0⤋
Uhhh... You can thank Ronald Reagan for the tax on your Social Security benefits, not Mr Obama. Mr Obama was a 23 year old college student when that legislation was passed, back in 1984. And what rock have you been hiding under for the past 21 - 23 months? Mr Obama was elected in Nov, 2008 and took office in Jan, 2009. Social Security benefits are not automatically taxable, however. If they are your only source of income they are not taxable unless you are filing Married Filing Separately and live with your spouse. Otherwise, you need to have a fairly significant amount of additional income before any of your benefits are taxable. Take 1/2 of your SS benefits and add that to your other income. If the total is more than: $25,000 if Single, Qualifying Widow(er), Head of Household, or MFS and not living with your spouse -OR- $32,000 if Married Filing Jointly -OR- $0 if Married Filing Separately and living with your spouse -THEN- Up to 85% of your benefits may be taxable. FYI, Mr Obama has hinted that he'd like to cut the taxes on Social Security for lower income recipients by kicking up the amounts listed above. He has NEVER stated that he wanted to tax SS benefits for those who depend upon it as their sole means of support. He has also hinted that he'd like to increase the Social Security earnings cap to help keep the Social Security system solvent. Only the first $106,800 in wages is subject to Social Security taxes. Obviously this won't affect you if your wages are lower -- and if they're higher then you're not going to get any sympathy from me. Please stop listening to the right-wing noise machine. It will rot your brains faster than crack cocaine will.
2016-03-29 02:54:18 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Hell No, They have already paid tax on that. And they get so very little to live on as it is in most cases.
If you want something taxed why not tax the food people are buying on food stamps.
Why not make them give free labor to pay for the welfare dollars,
And tax their tax refunds to pay for the welfare they get all year long.
I am refering to the people that have been on it for more then a year........ AND WONT WORK.
Dont take money from people on social security that cant work to make more, Take it from the dead beats that sit back and suck our system dry.
Plus our people on SS have to pay 90 some dollars to get their medicare health insurance and another 30-60 a month for the drug coverage that doesnt even come close to paying all the bills
thats 120-150 dollars a month they lose, and we pay 100% for welfare people THATS WRONG
Make the house, senate and president take a HUGE HUGE HUGE PAY CUT
2007-02-03 01:31:28 · answer #3 · answered by tammer 5 · 2⤊ 0⤋
You certainly do not understand social security if you think it should be taxed.... it was already taxed. It is a forced savings plan by the government. It worked for a while, but is archaic now. Just give all of us that have contributed out money, and let the future fend for itself.
2007-02-03 01:21:30 · answer #4 · answered by jh 6 · 0⤊ 1⤋
While most on SS don't pay taxes your logic is flawed and presumptuous since earnings over a set amount are taxed actually reducing the benefit level for those who have to subsidize their SS income to pay for necessities like prescription medications utilities etc.
2007-02-03 01:57:41 · answer #5 · answered by Anonymous · 1⤊ 0⤋
Hell no theyve taxed it once isnt that enough? Remember income taxes were originally banned by the Consitution and t was only in the 1930s that they came in to being
2007-02-03 02:49:37 · answer #6 · answered by paulisfree2004 6 · 2⤊ 0⤋
No they don't get allot of money to start with. I know that SSI the most someone can get in my state is $600 a month and that is with both SSI and Disability.
Besides If the government needs money it can do a better job managing it's money. I can sit here and come up with a million different ways the government wastes money.
2007-02-03 01:21:40 · answer #7 · answered by AlienJack J 3 · 1⤊ 1⤋
SS has already been taxed. So it would be rather unfair to tax it again. Not that the government is always fair.
2007-02-03 01:21:15 · answer #8 · answered by goldensparkler61 4 · 3⤊ 0⤋
Hell no! The money has already been taxed once and used Interest Free by the governmemt for as long as that person has worked.
2007-02-03 01:16:38 · answer #9 · answered by pretender59321 6 · 6⤊ 0⤋
A tax on the tax? Are you kidding?
2007-02-03 01:34:56 · answer #10 · answered by Zenrage 3 · 2⤊ 0⤋