Seniors Fight Against Double Taxation Of Social Security
Organized by: David Stearns
Push a bill in Congress to Repeal Taxes on Social Security Benefits. "Seniors have already paid tax on their Social Security contributions, so taxing Social Security is double-taxing by the federal government," "Taxing Social Security reduces benefits to seniors." Now is the time to take this fight to Washington. However I need all the help I can get. We will be pushing H.R.3894 - Senior Citizens Tax Elimination Act
SECTION 1. SHORT TITLE.
This Act may be cited as the ‘Senior Citizens Tax Elimination Act’.
SEC. 2. REPEAL OF INCLUSION IN GROSS INCOME OF SOCIAL SECURITY BENEFITS.
(a) In General- Section 86 of the Internal Revenue Code of 1986 (relating to social security benefits) is amended by adding at the end the following new subsection:
‘(g) Termination- This section shall not apply to any taxable year beginning after the date of the enactment of this subsection.’.
(b) Social Security Trust Funds Held Harmless
(1) IN GENERAL- There are hereby appropriated (out of any money in the Treasury not otherwise appropriated) for each fiscal year to each fund under the Social Security Act or the Railroad Retirement Act of 1974 an amount equal to the reduction in the transfers to such fund for such fiscal year by reason of section 86(g) of the Internal Revenue Code of 1986.
(2) NO TAX INCREASES- It is the sense of the Congress that tax increases will not be used to provide the revenue necessary to carry out paragraph (1).
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