Taxing the Elderly
Tuesday, January 31, 1995
by Bruce Bartlett & John C. Goodman
Social Security benefits were entirely free of taxes until 1983, when Congress voted to tax 50 percent of benefits above a certain income level. President Clinton raised this to 85 percent in 1993. The new Republican Congress has promised, as one of its first actions, to repeal the Clinton tax increase on Social Security recipients.
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