reagan taxed social security

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1 The 1 Thing Nearly Everyone Forgets About Reagan’s Social

  • Author: fool.com
  • Published: 10/24/2021
  • Review: 4.91 (800 vote)
  • Summary: · If one-half of an individual’s Social Security benefits, plus his or her adjusted gross income, surpassed $25,000, his or her Social Security 

2 Nation Must Honor Reagan’s Commitment to Social Security

  • Author: tccf.foundation
  • Published: 05/11/2022
  • Review: 4.66 (562 vote)
  • Summary: · Today’s retirees paid extra-high Social Security taxes for decades so that the foreseen deficit would not lead to a cut in benefits. President 

3 Ronald Reagan and The Great Social Security Heist

  • Author: claudepeppercenter.fsu.edu
  • Published: 07/28/2021
  • Review: 4.39 (326 vote)
  • Summary: · It is so ironic that many people, today, still believe that Ronald Reagan came galloping up on a great white horse to sound the alarm that 

4 Reagan, Bush robbed Social Security fund

  • Author: telegram.com
  • Published: 01/28/2022
  • Review: 4.21 (288 vote)
  • Summary: · Congress, with Mr. Reagan’s blessing, raised workers’ Social Security taxes to 6.2 cents per dollar of salary up to $87,000

5 Fact check: Biden voted to tax Social Security, wants to reform

  • Author: usatoday.com
  • Published: 04/20/2022
  • Review: 4.1 (505 vote)
  • Summary: · Social Security benefits were “explicitly excluded” from federal income taxation before Reagan signed the amendments into law, according to 

6 Reagan-era tax law hits middle-class retirees hard

  • Author: tennessean.com
  • Published: 12/15/2021
  • Review: 3.88 (223 vote)
  • Summary: · A: In the early 1980s, Social Security was starting to pay out more than it was taking in. The tax was part of a package of reforms that came 

7 Social Security deal of 1983 was a punt | The Hill

  • Author: thehill.com
  • Published: 02/15/2022
  • Review: 3.79 (216 vote)
  • Summary: · This revision helped the system because the tax revenue collected by the IRS on Social Security benefits was returned to Social Security. The 

8 Social Security and the Ghost of Ronald Reagan – Bloomberg.com

  • Author: bloomberg.com
  • Published: 05/21/2022
  • Review: 3.51 (314 vote)
  • Summary: · We made a deal with people, they say: higher taxes in the 1980s and onward in exchange for promised benefits. Because the program was overfunded 

9 Verify: Did Biden vote to tax social security benefits? | wusa9.com

  • Author: wusa9.com
  • Published: 07/28/2021
  • Review: 3.31 (545 vote)
  • Summary: · Prior to 1983, social security was not taxable. In 1983, Joe Biden voted in favor of taxing 50% of social security – and it passed. In 1993, Joe 

10 Key Dates in the History of Social Security

  • Author: nasi.org
  • Published: 10/28/2021
  • Review: 3.15 (329 vote)
  • Summary: President Reagan signed legislation in 1983 providing for taxation of benefits, and for a gradual increase in the age of full retirement benefits to 67

11 Posts Mislead on Biden’s Role in Social Security Taxes

  • Author: factcheck.org
  • Published: 04/14/2022
  • Review: 2.86 (90 vote)
  • Summary: · That’s not the whole story. Biden was one of 88 senators who voted for a bipartisan bill in 1983 to tax up to 50% of Social Security for 

12 REAGAN HAILS PLAN TO SOCIAL SECURITY – The New York Times

  • Author: nytimes.com
  • Published: 04/30/2022
  • Review: 2.79 (159 vote)
  • Summary: · Reagan said Social Security payroll taxes had grown so much that, for many people, they exceeded the amount of Federal income tax. ”I’m not 

13 What Happened to Social Security Under Each President

  • Author: gobankingrates.com
  • Published: 12/11/2021
  • Review: 2.78 (81 vote)
  • Summary: · When the income limits were established under Reagan, up to 50% of a recipient’s Social Security benefits could be taxed

14 H.R.1900 – 98th Congress (1983-1984): Social Security

  • Author: congress.gov
  • Published: 12/08/2021
  • Review: 2.62 (151 vote)
  • Summary: Provides for the treatment of social security benefits as income from sources within the United States for purposes of the tax on nonresident aliens

15 Ronald Reagan And The Great Social Security Heist | FedSmith.com

  • Author: fedsmith.com
  • Published: 08/24/2021
  • Review: 2.51 (56 vote)
  • Summary: · Reagan’s scare tactics worked. Congress passed the Social Security Amendments of 1983, which included a hefty increase in the payroll tax rate

16 Social Security: It’s Not 1983 | Center on Budget and Policy Priorities

  • Author: cbpp.org
  • Published: 03/28/2022
  • Review: 2.39 (114 vote)
  • Summary: · On April 20, 1983, President Reagan signed major Social Security reform legislation, which Congress had passed by large bipartisan 

17 The Crisis Last Time: Social Security Reform – Brookings

  • Author: brookings.edu
  • Published: 05/17/2022
  • Review: 2.39 (182 vote)
  • Summary: · The $168 billion package eased the program through a turbulent period, and 1983 marks the last time Congress cut Social Security benefits, 

18 Message to the Congress Transmitting Proposed Health Care

  • Author: reaganlibrary.gov
  • Published: 04/18/2022
  • Review: 2.2 (121 vote)
  • Summary: Federal tax policy has created a bias for high priced medical coverage … This proposal is consistent with initial Social Security eligibilities for 

19 Reagan’s Tax Cut Just Turned 40 — And It’s Still The Most Important

  • Author: forbes.com
  • Published: 03/03/2022
  • Review: 2.09 (57 vote)
  • Summary: · First some numbers: Reagan’s tax cut slashed revenues by 2.9% of GDP, according to the Committee for a Responsible Federal Budget

20 President Ronald W. Reagan – Social Security History

  • Author: ssa.gov
  • Published: 06/17/2022
  • Review: 2.05 (152 vote)
  • Summary: For the nation’s work force, the social security tax is already the biggest tax they pay. In 1935 we were told the tax would never be greater than 2 percent of 

21 10 Myths and Misconceptions About Social Security – AARP

  • Author: aarp.org
  • Published: 03/06/2022
  • Review: 1.83 (165 vote)
  • Summary: · You will pay federal income tax on up to 50 percent of your benefits if your income for the year is $25,000 to $34,000 for an individual filer 

22 Did Ronald Reagan Lower the Top Tax Rate from 70 to 28 Percent

  • Author: truthorfiction.com
  • Published: 04/23/2022
  • Review: 1.73 (98 vote)
  • Summary: · President Ronald Reagan lowered the top income tax rate from 70% to 28%, then imposed the first ever income tax on social security benefits