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Tag Archives: Taxes on Social SEcurity

Cutting the Retiree Social Security Tax

This does not make sense. Between Fund payouts and Social Security, we were well below $100,000. After deductions and expenses (mortgage, property tax, donations, etc.) our income taxes were very small. We set a side 7% of our SS for taxes and we had plenty left over. We are not the poorest and definitely not the richest. If we follow Trumps suggestion, we will be favoring the very rich getting Social Security. The ones who can afford to pay....

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