Taxing problem for benefits
Posted: Tue Apr 19, 2005 3:56 am
Greetings FIRE folk
Scott says:
I'm in favor of reverting the current tax code to a 1950's ish, model.
Scott says:
If you want to replace your purchasing power in retirement, you'll have to pay more taxes to Uncle Sam today. You'll have to pay still more tomorrow. This will happen because Uncle Sam has had the power to tax Social Security benefits since 1983.
http://www.dallasnews.com/sharedcontent ... 930f0.htmlThat, dear reader, is one of the reasons we need to chuck the entire tax code and start over.
I'm in favor of reverting the current tax code to a 1950's ish, model.