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| OUTRAGEOUS TAX ON SOCIAL SECURITY
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STAND UP AND BEĀ COUNTED
I'm mad as hell and I'm not going to take it this anymore!
- Do you object to paying more taxes than a person with same income but is under age 65?
- If I told you that the Middle Class senior taxpaying citizens in America are being abused by the current tax laws. What would you do?
- Will you help me take action to remedy the situation?
WHAT?
- Social Security became taxable in 1983.
- In the past 25 years the key numbers which determine how much of our benefits will be taxed have NOT BEEN ADJUSTED FOR INFLATION (COLA). WHY NOT?
HOW
To find out how much of your Social Security benefits become taxable;
1-Add up all of your income on page 1 of your tax return, add all non taxable interest paid to you such as municipal bond interest, non taxable dividends, then 50% of your Social Security benefits.
2-For a single senior taxpaying citizen if item 1 is greater than $25,000.00 then as much as 85% of your benefits becomc taxable depending on how high this figure is.
3-For a senior taxpaying citizen, married couple filing a joint tax return if item 1 is greater than $32,000.00 then as much as 85% of your benefits become taxable depending on how high this figure is.
NOTE: The percentage increases with higher income levels. Example; joint filer with total income as described above (item 1) of $65,347.00 21% of their benefits are taxable.
DON'T YOU WANT TO DO SOMETHING ABOUT THIS NOW?
The failure of our Congressional members who we voted for is a gross disgrace to senior taxpaying citizens. We need to tell them that we want them to add adjustments for inflation to those key numbers. To point out; income tax rate schedules, all Government employee wages, all U.S. Military wages, and yes even our Social Security benefits are adjusted for inflation every year. Why have they not adjusted those key numbers that determine how much of our benefits will be taxed? Perhaps to make up for all of the tax credits they gave to under age 65 taxpayers?
I personally have been trying for more than two years to get some action on this matter without success. I wrote to 99 Senators a year ago only three responded and they did not address what I asked them about but sent me something about some other matter that was on their agenda. I also contacted many other organizations without success, I even tried to get Bill O'Reilly on The Factor to take up our cause, after all he keeps telling us every day that "I'm looking out for you", yea sure. Oh, I also contacted AARP, I've been a member for many years, not a peep, they told me they are more interested in the "LONG TERM solvency of Social Security", that's well and good but millions of us need relief now not in 20 yers or more into the future, they want to make sure that future retirees will get their share of benefits. If you are paying attention to the two Senators who want to be our next president notice that they never mention what they are going to do for the senior taxpaying citizens.
This is my first Blog since I was not getting anywhere writing letters and Emails I decided to try this to reach as many people as possible. If you read this and are age 65 or over or are younger and have sinior relatives or friends please bring this to their attention. I believe that most seniors who pay taxes do not know how or why they end up paying taxes on a chunk of their Social Security benefits.
WHAT TO DO?
Contact your Senators and Representatives in the House, demand that they do something and do it now. Keep on telling them over and over again. Call their local offices; send Email messages to them in Washington and even to their local offices. Raise hell and demand that they act on this disgrace.
Thank you for you attention, I would like to hear from you about how you feel about the above and if you have any suggestins on spreading the word. Anything you find on my Blog you can use without permission.
We are in this together, this an election year, and it's now or never.
Most sincerely,
Charlie
Email: charlie.tax@gmail.com
P.S All of the above will affect every citizen paying into the Social Security system. Its NOT JUST FOR SENIORS, ITS FOR ALL WORKERS. EVERYONE NEEDS TO ADDRESS THIS SERIOUS PROBLEM.
Would you please leave a comment so I can get an idea how you feel about my Blog?
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Posted by LA1949 on 2008-07-05 12:31:49 | Rating: | Views: 267
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LA1949
Naples, Italy
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