Please ensure Javascript is enabled for purposes of website accessibility
Home / AP News / Liz Weston: It’s time to fix Social Security’s tax burden

Liz Weston: It’s time to fix Social Security’s tax burden

People on Social Security need a tax break. The rest of us need to make sure they get it — for everyone's sake. When Congress made Social Security benefits taxable in 1983, lawmakers didn't index the tax thresholds to inflation. They "forgot" inflation again when adding a second layer of taxation in 1993. That means the proportion ...

Leave a Reply

Your email address will not be published. Required fields are marked *

*