GOP bill ends taxes on Social Security payments

Rep. Thomas Massie (R-Ky.) introduced a bill this week to eliminate income taxes on Social Security payments, a change he said would end the government’s policy of taxing these benefits twice.

“Seniors have already paid tax on their Social Security contributions, so taxing Social Security is double-taxing by the federal government,” Massie said Tuesday. “Taxing Social Security reduces benefits to seniors.”

{mosads}Massie’s statement said the purpose of Social Security is to provide support during retirement, not to be another source of tax revenue for the government. He said ending the tax on retirement payments would restore the integrity of the program and keep the government from using the revenue to fund other programs.

“Taxing these benefits is an accounting sleight of hand that redistributes portions of the Social Security trust fund to other areas of government,” he said.

Massie’s Senior Citizens Tax Elimination Act, H.R. 3894, is cosponsored by Reps. Jim Bridenstine (R-Okla.) and Ron DeSantis (R-Fla.).

“Congressman Massie’s bill blows the whistle on the federal government for double taxing the Social Security benefits of senior citizens,” DeSantis said. “Individuals already pay taxes to support Social Security, so there is no reason why these earned benefits should be taxed on the back end.”

See all Hill.TV See all Video

Most Popular

Load more


See all Video