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  • Press Release Social Security Benefits Taxable

    "The greatest risk in flight would be if you happen to draw the short straw and sit next to or in front, behind or across the aisle from an infector," said Richard Corsi, who studies indoor air pollution and is the dean of engineering at Portland State University. .Leaders in Congress are reportedly already discussing their next budgetary move – a long-term deal that would fund the entire government for the next two years. It remains to be seen whether they will reach a compromise before the looming deadline. According to House Appropriations Chairman Hal Rogers (KY-5), they will need to have the parameters for the deal set by November 11th so that appropriators have the time needed to negotiate the details. ."Americans face major retirement challenges," Johnson says. The Senior Citizens … Continued

  • Issues Social Security Reform Feed

    The income thresholds that subject benefits to taxation are based on your Modified Adjusted Gross Income, which includes half of your Social Security benefits and some tax - exempt income. The following chart illustrates the thresholds and the amount of tax on Social Security income. .Their attention will now turn to other important issues, and TSCL will be in the forefront of efforts to make sure the continued viability of Social Security and Medicare are on the top of the lists, as well as the need to lower the costs of prescription drugs. .TSCL is concerned because even though illegals approved for the program don't gain legal status, they do gain work-authorized Social Security numbers. This work-authorized number is all that the government requires to later allow non-citizens to file a claim for Social Security benefits. Under current law, the government uses all earnings to determine entitlement, as well as the amount of the initial retirement or disability benefit, even if jobs were worked illegally. … Continued

Last Friday the Chairman and Chief Executive Officer of Pfizer, Inc., urged President Biden to form a bipartisan coalition in Washington to address high drug costs. .Eight Questions You Should Always Ask Your Doctor .More Harmful Chemicals Found in Some Hand Sanitizers .In a recent survey of TSCL's supporters, as many as one-third of respondents said they postponed filling their prescriptions or took less than prescribed due to high costs. They question why Congress hasn't taken action to improve the system and to protect the American public from rising drug costs. .New Virus Relief Bill Could Affect Social Security and Medicare .On Tuesday, the federal government shut down for the first time in seventeen years due to a legislative impasse between leaders in the House and Senate. Four days in, neither side has wavered much from its position. Leaders in the Senate are pressuring the House to pass a "clean" temporary funding measure, while leaders in the House continue to demand provisions that would delay or defund the Affordable Care Act. .The sharp plunge was the result of changes that Congress made in 1977 to a. Could Your Benefits Be Notched? The Notch Fairness Act Introduced in the House and Senate ."Our example just looked at the salaries and performance pay of just 20 CEOs," notes Johnson. "According to the Social Security Administration, there will be 12 million people who earn above the taxable maximum in 2018," she adds. .The plan would reform the tax code by consolidating the six existing brackets into three, and by setting the corporate tax rate at an even 28 percent. It would also make some major modifications to Medicare, including a repeal of the Sustainable Growth Rate for physician payments, and a strengthening of the controversial Independent Payment Advisory Board. The proposal also includes a plan to restore Social Security to 75-year solvency by raising the retirement age, increasing the taxable maximum wage cap, and adopting a Chained Consumer Price Index, among other things.