The conservative accountant and America's Independent Party supporter in Georgia opines:
"Congress should recall that we pay Social Security taxes
in order to receive a basic subsistence in the future. The Social
Security taxes we pay are a tax. Then the federal government has the
nerve to turn around and tax seniors on the taxes they have already paid
throughout their lives. In effect, what seniors are asked to do is pay a
tax on a tax. How much sense does that make in the era of fair this and
fair that? You have to admit that this is messed up. So fix it! It’s
real simple."
More: "Congress should either increase the
Social Security base amounts for inflation, or go back to the pre-1985
policy making Social Security benefits non-taxable, and let the cards
fall where they may. Make a choice and live with it. Anyone in Congress,
or the White House who doesn’t have a clue about what’s in the current
tax law, should study up, shut up, or just resign. Anyone who takes the
time to examine what’s actually in the Code will come to the realization
that some of this stuff is completely ridiculous. Under current law, it
is entirely possible to make over $250,000, write it all off through
new equipment purchases, other credits and gimmicks, and end up paying
nothing in taxes. Yep, that’s right!"
Larry Walker Jr. Op-Ed: Taxing Social Security Taxes
