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In reply to the discussion: Time to repeal Reagan's taxes on Social Security/Unemployment Benefits [View all]dlk
(11,425 posts)37. If the Social Security income tax cap of $137,700 were removed, a lot of problems would be solved
It makes no sense the richest Americans pay the least.
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Time to repeal Reagan's taxes on Social Security/Unemployment Benefits [View all]
stopbush
Dec 2020
OP
Would be fine with me as I continue to work, but don't think it will happen anytime soon.
Hoyt
Dec 2020
#1
Many people also don't know that pretty much all interest paid on consumer debt
Trailrider1951
Dec 2020
#4
Not accurate relative to context, I can't deduct my mortgage interest if I pay for my car with it
uponit7771
Dec 2020
#32
It keeps the poor competing against each other in a viscious rat race for simple survival,
Celerity
Dec 2020
#10
Thanks for this. That the UK and US have low upward rates isn't incidental but part of
ancianita
Dec 2020
#30
isn;t funny the GOP, the party of "taxcuts" have never OFFERED in all these years, to "untax"
beachbumbob
Dec 2020
#11
Because Republicans are too busy stuffing IOUs into the Trust Fund to pay for Wealthy Elite taxcuts.
WyattKansas
Dec 2020
#33
The legislation taxing unemployment benefits and Social Security had broad bipartisan support
onenote
Dec 2020
#15
Doesn't the Social Security tax hit harder on the wealthy? It might not be the best time to end
pnwmom
Dec 2020
#17
That's one of the biggest problems we have with tax issues -- people really don't know the facts.
Hoyt
Dec 2020
#22
So THAT'S when it all started -- thank you for the great historical refresher!
ancianita
Dec 2020
#24
If the Social Security income tax cap of $137,700 were removed, a lot of problems would be solved
dlk
Dec 2020
#37
I also think if you have been paying your student loans for 20 plus years and have not been able to
smirkymonkey
Dec 2020
#39
Rotten Ronnie started a lot of the shit we continue to have to slog through.
Hermit-The-Prog
Dec 2020
#40