Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Personal Finance and Investing

Unwind Your Mind

(2,279 posts)

4. Yes, we pay on 85% too

Reply to walkingman (Reply #1)

Sat Apr 13, 2024, 03:38 PM

Apr 2024

I’ll work another ten years or so. My hubs has been on disability for a long time (blind)

We’re reasonably comfortable but we do live in California in a high cost area. Thank dog we bought our house decades ago.

It costs about 5 grand in tax for us, not insignificant

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

15 replies

= new reply since forum marked as read

Highlight:

Please indulge me in a short rant re: federal taxation of SS benefits. [View all] sprinkleeninow Apr 2024 OP

It is aggravating. I pay tax on 85% of my SS. Retired, not wealthy but because walkingman Apr 2024 #1

Yes, we pay on 85% too Unwind Your Mind Apr 2024 #4

If it was equitable across the board, but it ain't. Getting worser. nt sprinkleeninow Apr 2024 #10

Yeah, Just pay their fair share - and how about fixing SS for the rest of us. walkingman Apr 2024 #12

I'm curious how "I'm done" will manifest. snot Apr 2024 #2

So we get double taxed and the rich pay none. usonian Apr 2024 #3

You do have your piano and music for soothing. 💙 ☮ nt sprinkleeninow Apr 2024 #11

If the Democratic Party wins the presidency, and both houses, what do you Wonder Why Apr 2024 #5

At this point in time, I'm not sure of much of anything. sprinkleeninow Apr 2024 #9

Zero - although it will be touted as fantastic. The Bernie and Warren's of the Senate walkingman Apr 2024 #13

Who do we have to thank for taxing our SS benefits? Would it be republican St Reagan? keithbvadu2 Apr 2024 #6

Yes Gruenemann Apr 2024 #7

But then dint Al Gore get mocked/scorned for suggesting the funds be placed in a lock box? sprinkleeninow Apr 2024 #8

I don't know what Al Gore was getting at, but in his day, before, and today, SS is invested in the safest investment progree Apr 2024 #14

Right now I pay zero state income tax, PoindexterOglethorpe Apr 2024 #15