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Personal Finance and Investing

sprinkleeninow

(20,594 posts) Sat Apr 13, 2024, 01:12 PM Apr 2024

Please indulge me in a short rant re: federal taxation of SS benefits. [View all]

I just finished my '23 taxes on TurboTax and I get to pay federal tax on nearly 10k SS!! Go after the kabillionaires, trillionaires n deviate corporations.
Each n evry day I rise n say "I'm done. This is it." But that day has dawned today. I'm done with much. The filthy bloodshed going on in Ukraine, Israel's mess, now this crap involving iran how this is gonna play out. Why am I surprised? It is written.

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Please indulge me in a short rant re: federal taxation of SS benefits. [View all] sprinkleeninow Apr 2024 OP

It is aggravating. I pay tax on 85% of my SS. Retired, not wealthy but because walkingman Apr 2024 #1

Yes, we pay on 85% too Unwind Your Mind Apr 2024 #4

If it was equitable across the board, but it ain't. Getting worser. nt sprinkleeninow Apr 2024 #10

Yeah, Just pay their fair share - and how about fixing SS for the rest of us. walkingman Apr 2024 #12

I'm curious how "I'm done" will manifest. snot Apr 2024 #2

So we get double taxed and the rich pay none. usonian Apr 2024 #3

You do have your piano and music for soothing. 💙 ☮ nt sprinkleeninow Apr 2024 #11

If the Democratic Party wins the presidency, and both houses, what do you Wonder Why Apr 2024 #5

At this point in time, I'm not sure of much of anything. sprinkleeninow Apr 2024 #9

Zero - although it will be touted as fantastic. The Bernie and Warren's of the Senate walkingman Apr 2024 #13

Who do we have to thank for taxing our SS benefits? Would it be republican St Reagan? keithbvadu2 Apr 2024 #6

Yes Gruenemann Apr 2024 #7

But then dint Al Gore get mocked/scorned for suggesting the funds be placed in a lock box? sprinkleeninow Apr 2024 #8

I don't know what Al Gore was getting at, but in his day, before, and today, SS is invested in the safest investment progree Apr 2024 #14

Right now I pay zero state income tax, PoindexterOglethorpe Apr 2024 #15