YES! We paid social security and medicare taxes and income tax from our earnings all of our lives! HOW can they justify taking "income tax" on social security?? It was a forced "investment" into the government program, we had no choice but to contribute and all our employers also contributed. Now they dare to tax the return of our own and employers taxes paid, as INCOME??
Tax tax tax, and then tax the promised return when / if one reaches old age, as though it was free "income" paid out!! SHEESH!
and then they changed the rules as we went..now you pay for part b medicare after they raised the retirement age...when we signed up it was 65 and out not ant more....they just couldnt keep their grubby fingers off of it and milked it like a cow....bureaucratic piggy bank.......dont get me started lol
now do social security
YES! We paid social security and medicare taxes and income tax from our earnings all of our lives! HOW can they justify taking "income tax" on social security?? It was a forced "investment" into the government program, we had no choice but to contribute and all our employers also contributed. Now they dare to tax the return of our own and employers taxes paid, as INCOME??
Tax tax tax, and then tax the promised return when / if one reaches old age, as though it was free "income" paid out!! SHEESH!
and then they changed the rules as we went..now you pay for part b medicare after they raised the retirement age...when we signed up it was 65 and out not ant more....they just couldnt keep their grubby fingers off of it and milked it like a cow....bureaucratic piggy bank.......dont get me started lol
1983 - You can thank the genius politicians who voted it into law at that time.
Basically after you have out lived your most productive years, you are still a slave to the game.