Political Quotes

On the recordOctober 24, 2017
Every year, middle class seniors are forced to pay billions in taxes on their Social Security benefits. This tax is fundamentally not fair and penalizes folks who have paid into the system their entire lives. There is a better way. We should give these seniors a tax cut, let them keep more of their benefits, and create a better, fairer system for all Americans. In 1984, when Congress passed this tax on seniors, it was designed to only impact high-income seniors, about 14 percent. But the tax was never adjusted for inflation, and today, fully half of seniors are paying this onerous tax. In fact, there are over 280,000 Hoosiers making less than $75,000 per year who are subject to this tax. I introduced the Social Security Tax Fairness Act to give these seniors the tax break they deserve. This bill cuts taxes for seniors, single and married seniors, and ends the marriage penalty on Social Security benefits, too. Under this bill, a retired married couple with $70,000 in income will see $2,000 in tax cuts. It is time to deliver tax cuts for every American, and this legislation would ensure Hoosier seniors aren't left behind either. ____________________
Said by
Luke Messer
Indiana

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