Tax Hike on Social Security Benefits

      
March 27, 2002


Dear friend of liberty,

When Bill Clinton was in office, he rammed an expensive tax hike on Social Security benefits through Congress. Thanks to Bill Clinton, 85% of your Social Security benefits can be taxed! This tax hike has sucked more than $7 billion a year out of taxpayers' pockets and put it into the hands of politicians in Washington, D.C.

There's a good chance we can now repeal this outrageous tax and return the $7 billion dollars to the American people. Each year support builds and we get a step closer to repealing this tax on Social Security benefits. One year, repeal even passed the U.S. House. However, Bill Clinton only killed it in the U.S. Senate by threatening to veto it.

The pro-government fanatics say this Clinton tax hike only takes "from the rich." Well, did you know that earning $25,000 a year means you're rich? This tax kicks in when you start making $25,000. Each year inflation and bracket creep means more and more people living on a fixed Social Security income get hit with this tax. For years you've paid income taxes, sales taxes, gas taxes, property taxes and all other sorts of taxes, fees, and licenses.

Bill Clinton has left Washington. There's a new president in the White House and we now have the best chance we've ever had to end this outrageous tax on your Social Security benefits. H.R. 122 would repeal this tax. It has over 118 cosponsors. Take action today to keep the support for H.R. 122 growing.

Go to http://capwiz.com/liberty/issues/bills/?bill=121284 to urge your U.S. representative to cosponsor H.R. 122.

Kent Snyder
The Liberty Committee


 

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