Thursday, January 23, 2014

Double Tax

Did you know that when you're old enough to begin collecting Social Security "Insurance" that you have to pay taxes on it? The government program (sold to the American public as "insurance") taxes its contributors when they receive the money that they have already been taxed on. In other words, Social Security taxes recipients even though the money has been previously taxed. What's fair about that?

Good news for seniors. There are two GOPs who have introduced legislation that prohibits the government from charging seniors taxes again on that money. They are Thomas Massie (R, KY) and Jim Bridenstine (R, OK). The bill is H.R 3894. It prevents the government from using this revenue to grow the government.

Notify your respective Congressional representatives to support this legislation.

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