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Post# of 190975
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cliffvb

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cliffvb

Re: Ayock post# 107010

Saturday, 12/28/2019 11:34:28 AM

Saturday, December 28, 2019 11:34:28 AM

Post# of 190975
Actually, the law passed to tax a portion of the Social Security income for higher incomes was based on recommendations of an advisory council that was formed in 1979 on how best to fund the social security system so it did not run out of money. In 1979, Jimmy Carter was President.

The law to tax a portion of Social Security benefits was started in the House. At that time (1983-1984), the House was strongly controlled by Democrats 269-166.

So let's not just blame Reagan for that. Democrats actually had more of a hand in it than Republicans did.

https://www.ssa.gov/history/taxationofbenefits.html

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