Through coercive means there cannot be compassion.
U.S. Representative Thomas Massie has re-introduced legislation that would increase the amount of money seniors get to take home in their Social Security checks. The Senior Citizens Tax Elimination Act (H.R. 589), would eliminate income taxes on Social Security benefits. This would help many struggling older Americans to live a better life during their golden years.
The bill’s co-sponsors are all Republicans, which is sort of ironic because Democrats often claims that conservatives lack compassion for the weakest in society. The original co-sponsors are Congressman Ron DeSantis (R-FL), Congressman Louie Gohmert (R-TX), Congressman David Jolly (R-FL), Congressman Jim Bridenstine (R-OK), Congressman Trent Franks (R-AZ), freshman Congressman Rod Blum (R-IA), and freshman Congressman Alex Mooney (R-WV).
Here’s an excerpt from U.S. Representative Massie’s press release on the legislation:
Dan Weber, President of AMAC, the Association of Mature American Citizens, said “AMAC is proud to stand with Congressman Massie today as he introduces the “Senior Citizens Tax Elimination Act.” This bill rightly eliminates the unfair income tax on Social Security benefits and ensures that older Americans, who have paid into Social Security throughout their careers, are not excessively taxed by the Federal government. Given that mature Americans and seniors have already paid tax on their Social Security contributions via the payroll tax, it is irresponsible for the government to double-tax the benefit in order to generate more revenue. The “Senior Citizens Tax Elimination Act” will not only enable beneficiaries to retain more money for retirement, but it will restore integrity to the Social Security program. As an organization committed to representing the interests of older Americans, we encourage Congress to support this commonsense legislation and to protect the benefit our seniors have earned.”
The purpose of Social Security is to provide people with financial support during retirement, not to be another source of tax revenue for the Federal Government. Under this legislation, Social Security benefits would neither be taxable nor reportable on individual tax returns, thus restoring the integrity of the program.
“Taxing these benefits is an accounting sleight of hand that redistributes portions of the Social Security trust fund to other areas of government,” Congressman Massie concluded.
Many senior citizens have worked their entire lives, happily paying their taxes, and hoping that the government safety net that they helped to build would be there if their savings were not adequate.
Due to the Federal Reserve’s loose monetary policies, the value on the dollar has been devalued significantly in the past forty plus years. Cost of living adjustments to Social Security have failed to keep pace with price inflation. The pain associated with price inflation is amplified for seniors because they live on a fixed income and most have no options to supplement their incomes aside from savings and Social Security.
This bill would be a simple action that would create immediate benefits for senior citizens throughout the country. The additional income would allow some seniors to maintain their homes and to live better lives.
This is a straightforward way to help some of the weakest individuals in our society. Any representatives or senators that do not support this legislation don’t have a compassionate bone in their bodies.
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