, Gloucester, MA

Breaking News

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
Famous Internet Cats Help Big Cause With Viral Video Russell Brand Slams Sean Hannity Over Gaza Conflict Segment Brian Williams Reports on Daughter Allison Williams' 'Peter Pan' Casting News Chapter Two: Composing for a film in retirement Did Jimmy Fallon Look Up Heidi Klum's Dress? Woman's Dive Goes Terribly Wrong What Drama? Miranda Kerr Poses Topless Plane crashes in San Diego Costco parking lot Justin Bieber Takes To Instagram To Diss Orlando Bloom You Won't Believe the Celeb Cameos in "Sharknado 2" Pitch Invading Morons Cause Chaos - @TheBuzzeronFOX Orlando Bloom 'Takes a Swing' at Justin Bieber In Ibiza Sadie Doesn't Want Her Brother to Grow Up "Maxim" Hotness! See Jessica Alba's Sizzling Spread Two women barely avoid being hit by train Broken Water Main Floods UCLA Orlando Bloom and Justin Bieber Reportedly Came To Blows In Ibiza Meet the Man Behind Dumb Starbucks Chris Pratt Adorably Surprises Kids at a 'Guardians of the Galaxy' Screening NOW TRENDING: Peyton Manning dancing at practice