The Double Extortion of Double Social Security Taxes

By Jim Campbell

September 24th, 2021

No where in the IRS Code does it say that the individual owes federal income taxes on the fruits of their individual labor.

To the contrary, they were to pay taxes on their investments in the form of long term or short term capital gains.

Young, first time workers remember the acronym F.I.C.A,. quite well.

It was the most regressive on onerous tax they payed, far greater than federal and state taxes.

Like the Germans, the IRS also has guns, but they prefer to steal our property, selling it for additional monies to build a bigger, slothful, more inefficient government.

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(Universal Images Group/Getty Images)

Note, author of the book, “The Creature of Jekyll Island,”comments on our once great Constitution that the original progressive and former college professor subverted by adding a federal income tax and the federal reserve.

When the Social Security program was created in 1935, Social Security benefits were not taxed at the federal level. Federal taxes were imposed for the first time in 1983 as part of a big change to shore up long-term program finances.

Those changes required you to pay income taxes on up to half of your benefits if your combined income exceeded $25,000 for individuals and $32,000 for couples filing joint returns. 

THE END

About JCscuba

I am firmly devoted to bringing you the truth and the stories that the mainstream media ignores. This site covers politics with a fiscally conservative, deplores Sharia driven Islam, and uses lots of humor to spiceup your day. Together we can restore our constitutional republic to what the founding fathers envisioned and fight back against the progressive movement. Obama nearly destroyed our country economically, militarily coupled with his racism he set us further on the march to becoming a Socialist State. Now it's up to President Trump to restore America to prominence. Republicans who refuse to go along with most of his agenda RINOs must be forced to walk the plank, they are RINOs and little else. Please subscribe at the top right and pass this along to your friends, Thank's I'm J.C. and I run the circus
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3 Responses to The Double Extortion of Double Social Security Taxes

  1. bluecat57 says:

    TRIPLE! The “Death Tax” gets anything left over.

    Like

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