, Gloucester, MA

Letters/My View

October 20, 2012

Letter: Candidates should address Social Security tax scheme

To the editor:

This is an open letter to Sen. Scott Brown, candidate Elizabeth Warren, Representative John Tierney, and candidate Richard Tisei.

There has been much discussion about taxes during this election campaign (and rightly so), but one aspect of the tax code that seems to be flying under the radar is the taxation of Social Security retirement income.

One may say: “What!? No way! What is he going on about?”

And so I thought, too, when I registered to receive my Social Security retirement benefits. I quickly found that since our household earned income above $35,000, my benefits were taxed. Now mind you, this is not because I’ve earned income, but my wife, who is younger and still working, does.

Of course, if we had unearned income we could be raking in millions and not have to pay taxes on Social Security.

This is a remnant of President Reagan’s “trickle down” economy and should be abolished. It is grossly unfair to tax anyone Social Security benefits, which have been paid for by the recipients and their employers though taxes.

I would like to see legislative action taken to correct this misguided double taxation.



Text Only | Photo Reprints
Letters/My View

NDN Video
Justin Bieber In Calvin Klein Underwear Shoot Samsung Pre-Trolls The IPhone 6 With New Ad Jimmy Kimmel Introduces His Baby Girl Swim Daily, Nina Agdal in the Cook Islands Guilty Dog Apologizes to Baby for Stealing Her Toy Prince George Turns 1 and is Already a Trendsetter Train Collides With Semi Truck Carrying Lighter Fluid Kanye West Tells-All on Wedding in "GQ" Interview Tony Dungy Weighs in on Michael Sam Scarlett Johansson Set To Marry In August New Star Wars Episode XII X-Wing Revealed Obama: Putin must push separatists to aid MH17 probe Michigan inmates no longer allowed to wear orange due to 'OITNB' Adam Levine Ties the Knot Sebastian The Ibis Walks Beautiful Bride Down The Aisle | ACC Must See Moment NASA Ceremony Honors Moon Walker Neil Armstrong Faces of Souls Lost in Malaysian Plane Crash 105-year-old woman throws first pitch Man Creates Spreadsheet of Wife's Reasons for Turning Down Sex 'Weird Al' Is Wowed by Album's Success