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View Diary: Social Security: whose piggy bank is it? (75 comments)

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  •  If you and Gerald are recommending that low and (4+ / 0-)
    Recommended by:
    simple serf, NoMoreLies, Marihilda, ozsea1

    middle income Americans are to be shielded from paying taxes on Social Security, and that the increase is strictly on the wealthiest Americans, I concur.

    So, please disregard my comment below.

    ***That is, of course, unless your measure of "higher income, or wealthier Americans" fits the "Bowles-Simpson model."

    You know, the one that establishes new bend points at the very lowest working class income levels, at the same time claiming that they are lowering Social Security benefits for only "wealthier Americans."

    Love their 'parsing of words,' LOL!  Gotta give 'em credit though, for being creative.  :-)


    "Only he who can see the invisible, can do the impossible." --Frank L. Gaines

    "If a dog won’t come to you after having looked you in the face, you should go home and examine your conscience.” -- Woodrow Wilson

    by musiccitymollie on Sat Feb 02, 2013 at 11:42:03 PM PST

    [ Parent ]

    •  Taxes on SS benefits (2+ / 0-)
      Recommended by:
      simple serf, musiccitymollie

      "If you...are recommending that low and middle income Americans are to be shielded from paying taxes on Social Security..."

      Absolutely, and that's already the case. For those who depend on SS benefits, the threshhold for taxing benefits is high enough that their benefits are not taxed (nor should they be).

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