House Bill Would Drop Tax On Social Security Benefits

Law360, New York (January 22, 2014, 2:23 PM EST) -- A bill introduced Wednesday in the House of Representatives would eliminate income taxes on Social Security benefits in a move to eliminate what its writer has called double taxation.

The Senior Citizens Tax Elimination Act, introduced by Rep. Thomas Massie, R-Ky., would boost the retirement income of retired Americans, the Congressman said in a statement.

“Seniors have already paid tax on their Social Security contributions, so taxing Social Security is double-taxing by the federal government,” the statement says. “Taxing Social Security reduces benefits to seniors.”...
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