General Discussion

Stinky The Clown

(68,952 posts)

15. How about we stop taxing SS?

Reply to Beachnutt (Original post)

Wed Oct 12, 2022, 07:33 PM

Oct 2022

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

50 replies

= new reply since forum marked as read

Highlight:

Social Security's cost-of-living increase for 2023 would be largest in 40 years. [View all] Beachnutt Oct 2022 OP

Possibly because inflation is at a 40 year high, also? WarGamer Oct 2022 #1

I'm not on Social Security yet. But that doesn't sound like enough to me. jimfields33 Oct 2022 #3

here's the #1 problem with SS WarGamer Oct 2022 #5

I agree. But I would make that 2000 a month minimum. jimfields33 Oct 2022 #6

Oh yes 100% WarGamer Oct 2022 #7

And it's mostly older women who live on Social Security alone. llmart Oct 2022 #9

Just part of the whole, ugly plan. MOMFUDSKI Oct 2022 #14

there is a potential remedy for that DISCRIMINATION. Grasswire2 Oct 2022 #20

How much a month should someone contributing for 40 years get? MichMan Oct 2022 #11

like now... have a set number of quarters... like 50 WarGamer Oct 2022 #13

People who worked for cash under the table and evaded SS taxes should get zilch MichMan Oct 2022 #24

The way it works today is they count quarters you worked and paid SS taxes. WarGamer Oct 2022 #31

That is very anti-immigrant though fescuerescue Oct 2022 #39

Why, since they paid nothing into the system. MichMan Oct 2022 #47

You don't have to avoid taxes to see reduced payments. oldsoftie Oct 2022 #23

People working regular jobs (and their employers) pay SS taxes every week MichMan Oct 2022 #26

Well they've never asked for it & my tax preparer hasn't sent it. I always wondered why. oldsoftie Oct 2022 #36

That number is based on your SS withholding that your employer does fescuerescue Oct 2022 #41

Thats just it; I don't have an employer that would withhold. "self employed" oldsoftie Oct 2022 #45

ah ok. Then it does comes from the tax return fescuerescue Oct 2022 #46

If you are self employed and not paying SS and Medicare taxes MichMan Oct 2022 #48

I do remember seeing the Medicare charge. But I have to check on the SS. oldsoftie Oct 2022 #49

We need to push hard to get SS credits for caregivers KentuckyWoman Oct 2022 #28

Medicare is going down $5.20 a month next year doc03 Oct 2022 #17

Oh that's great to hear. I am really thankful for that for those on Social Security jimfields33 Oct 2022 #18

Yep. Kingofalldems Oct 2022 #35

❤️ ✿❧🌿❧✿ ❤️ Lucinda Oct 2022 #2

Another link from today Beachnutt Oct 2022 #4

GQP want to quash it .... Lovie777 Oct 2022 #8

But wouldn't it be better Turbineguy Oct 2022 #10

Watch it pal.... Beachnutt Oct 2022 #12

How about we stop taxing SS? Stinky The Clown Oct 2022 #15

Definitely! That should be a priority for the House and Senate. jimfields33 Oct 2022 #16

I have been complaining about that for years and get flamed every time. Seems if we doc03 Oct 2022 #19

Indeed. It feels excessive and unfair. honest.abe Oct 2022 #22

Yes Beachnutt Oct 2022 #27

This is going to be a nice bump for us. honest.abe Oct 2022 #21

I am thrilled. So a person getting 1,000/ month will get 87. A person getting niyad Oct 2022 #25

And let's do beat the hell out of Wall Street vultures GreenWave Oct 2022 #29

I had to Rebl2 Oct 2022 #30

Someone upstream said part B will drop a bit. honest.abe Oct 2022 #32

Lift the cap. It's currently $147,000. Any monies earned after that amount are not subject to panader0 Oct 2022 #33

40 years? Wouldn't that be under Reagan? Patterson Oct 2022 #34

Remember in Reagans first term Int rates were well over 10%. High inflation. oldsoftie Oct 2022 #38

Inflation rate in 1980 was 13.5 % MichMan Oct 2022 #50

And do away with the income cap too. That'll help SS oldsoftie Oct 2022 #37

Great, now if Medicare didn't take our cost of living Emile Oct 2022 #40

Exactly! moonscape Oct 2022 #44

COLA Johnny2X2X Oct 2022 #42

Many other benefits are tied to this COLA increase too Victor_c3 Oct 2022 #43