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GoodRaisin

(8,906 posts)

51. Because the plutocracy doesn't have enough luxury homes and yachts

Reply to duforsure (Original post)

Mon Oct 11, 2021, 02:08 PM

Oct 2021

and airplanes.

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Why are people receiving social security having to pay taxes? [View all] duforsure Oct 2021 OP

Because it's income. NT mahatmakanejeeves Oct 2021 #1

Still bullshit. smirkymonkey Oct 2021 #5

The rich don't pay taxes on their income. Irish_Dem Oct 2021 #12

Cite, please. mahatmakanejeeves Oct 2021 #15

If you report the money you acquired as AGI. carpetbagger Oct 2021 #20

Obviously (or not), that technique is beyond my pay grade. mahatmakanejeeves Oct 2021 #21

That's part of it, and has the same themes carpetbagger Oct 2021 #35

So all I have to do is just enter zero for AGI when I fill out my 1040? MichMan Oct 2021 #39

Yes, but us simpletons lack the capital needed to fluff up line 10. carpetbagger Oct 2021 #42

Yet somehow the 400 richest families (which is a bracket tracked by the IRS) only pay 8.2% Hassin Bin Sober Oct 2021 #37

Because nobody's watching how the definitions shift and flow in this thread. Igel Oct 2021 #41

To be fair, that analysis includes increases in investments that have not been taxable since 1921. Hoyt Oct 2021 #43

What makes it the business of anybody in the White House to know how much income tax anyone paid? mahatmakanejeeves Oct 2021 #44

So they can adjust policy stances? Is this a trick question? Hassin Bin Sober Oct 2021 #50

I do. So do the "1%ers" I know in New York who help fund the DNC. brooklynite Oct 2021 #31

No. It was Ronnie Raygun's and the Republican's economic program. 3Hotdogs Oct 2021 #19

The house was democratic the whole time. jimfields33 Oct 2021 #29

Tip O'Neil takes 50% of the blame. Voltaire2 Oct 2021 #59

But it's different it's something you paid into all your life Tribetime Oct 2021 #23

No it isn't. Voltaire2 Oct 2021 #58

Millionaires receiving Social Security shouldn't pay taxes on it? n/t PoliticAverse Oct 2021 #2

No, billionaires and millionaires , duforsure Oct 2021 #8

I am a retired steelworker not a f--g millionaire and I pay tax on SS. The threshold for doc03 Oct 2021 #16

44,000 joint filing Voltaire2 Oct 2021 #60

I wasn't home when I posted and couldn't remember exactly doc03 Oct 2021 #63

I figured as much. Voltaire2 Oct 2021 #64

Like I said before I have brought this up every tax season doc03 Oct 2021 #67

You make a good argument why thresholds in the tax code should be indexed to inflation. n/t PoliticAverse Oct 2021 #62

I live on SSDI and don't get enough to pay taxes Kaleva Oct 2021 #68

a reagan era "reform" rampartc Oct 2021 #3

Yup Sherman A1 Oct 2021 #4

they really shouldnt, but we arent gonna put that genie back in the bottle. mopinko Oct 2021 #6

It's a way of means testing Social Security benefits Klaralven Oct 2021 #7

Because of Saint Ronnie Fucking Raygun. GDMFSOB CurtEastPoint Oct 2021 #9

Yes and Bill Clinton. Ronald Reagan started taxing up doc03 Oct 2021 #11

yep DBoon Oct 2021 #27

Because they may have enough other income that causes them to pay taxes karynnj Oct 2021 #10

With no real allowance for inflation the income limits are really outrageous. BSdetect Oct 2021 #13

Because since the 80s Democrats compromise when Republicans become obstinate. halfulglas Oct 2021 #14

Tax money is necessary to fund social security and other programs fescuerescue Oct 2021 #17

That SS money is money that was already taxed during the working years. RicROC Oct 2021 #32

That's the way it works fescuerescue Oct 2021 #33

SS is a tax we are paying a tax on a tax. I paid into SS all my life every payday doc03 Oct 2021 #48

That money does not fund SS. Voltaire2 Oct 2021 #61

excuse for what? fescuerescue Oct 2021 #66

I have brought this subject up every year since 2003 here on DU. But if it doesn't affect doc03 Oct 2021 #18

+1 leftstreet Oct 2021 #38

It's strange, so it must make the repukes happy. snort Oct 2021 #22

When Reagan cut taxes on the rich, it made a budget shortfall. Simple solution? Tax SS. Midnight Writer Oct 2021 #24

You can thank Ronny Raygun for that! Happy Hoosier Oct 2021 #25

Take a look at the congress when it passed. jimfields33 Oct 2021 #30

I've been asking that for years. 634-5789 Oct 2021 #26

Because of Reagan. Sibelius Fan Oct 2021 #28

Who was in charge of Congress? former9thward Oct 2021 #46

Tip O'Neill, who naively decided that the Ds should give Reagan's policies a chance Sibelius Fan Oct 2021 #52

Tip O'Neill was anything but naive. former9thward Oct 2021 #53

Exactly. He needed $$$ for Star Wars and took it from Seniors. lagomorph777 Oct 2021 #54

Reagan also made unemployment benefits taxable. Sibelius Fan Oct 2021 #55

It doesn't have to be that way. If there is other income to tax, go after that. SYFROYH Oct 2021 #34

Because of Reagan Mary in S. Carolina Oct 2021 #36

because just like there are two forms of justice in this nation: one for the rich and one for poor Javaman Oct 2021 #40

Because we have a war machine much, much larger than we need Mysterian Oct 2021 #45

$ 600 deposit tracking...Why? When the rich skate...🙄 SayitAintSo Oct 2021 #47

It is easy to blame RR but truth is RR started out with up to 50% of doc03 Oct 2021 #49

Because the plutocracy doesn't have enough luxury homes and yachts GoodRaisin Oct 2021 #51

Taxation of SS recipients other income is reasonable. It's the tax avoidance Hortensis Oct 2021 #56

Why shouldn't they? Captain Stern Oct 2021 #57

I don't pay taxes. I don't even file. nt leftyladyfrommo Oct 2021 #65