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Showing content with the highest reputation on 07/07/2025 in all areas

  1. Every amount in the tax code needs to be adjusted for inflation and back inflation. One small simple sensible bill.
    2 points
  2. That would be too sensible.
    1 point
  3. Why didn't they just raise the $32K ($25K) used to determine if any of SS was taxable, and the $12K ($9K), used to determine how much was taxable? I have been preparing taxes for over 20 years and don't remember them ever being raised. Adjust these amounts for past inflation now, and then adjust yearly to avoid this issue in future years instead of using this band-aid approach.
    1 point
  4. Perhaps someday Billionaires will realize that they are standing on our shoulders
    1 point
  5. I don't think it will. If that were true they would have needed to change the code section that authorizes payment from general fund to trust fund and the formula used.
    1 point
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