John Grimaldi
“We’re not giving up on our efforts to eliminate the unfair income tax on Social Security benefits. The Senior Citizens Tax Elimination Act is being reintroduced and the Association of Mature American Citizens [AMAC] will be doing what it takes to encourage lawmakers to support the measure,” says Bob Carlstrom, president of AMAC Action, the association’s senior advocacy affiliate.
The original Social Security and tier 1 railroad retirement benefits were specifically exempted from income taxes when they were created in the mid-1930s. “After all, workers pay for them with taxes that are taken out of their paychecks to begin with. To tax retired seniors a second time is plain and simple a money grab.”