Rep. Thomas Massie (R-KY) is very concerned about the solvency of our nation’s entitlement programs, but does not want the failing programs to be propped up by forcing more money out of the pockets of cash-strapped senior citizens. This is one of the reasons why he introduced the “Senior Citizens Tax Elimination Act” to end taxes on Social Security income.
“[Social Security] has been constructed kind of to be a Ponzi scheme. They are scraping money off the payments to make other payments,” Massie said during a Washington Examiner interview. He claims that government is devising more ways to rob people of their promised benefits to prop up this ponzi scheme a little longer, and that’s just wrong.
“Social Security is financed with Americans’ tax dollars, so taxing Social Security is double-taxing by the Federal Government,” Massie said. “Taxing Social Security reduces benefits to seniors.”
Massie calls this legislation his most popular, and that is evident when you see its many supporters. Congressmen Ron DeSantis (R-FL), Louie Gohmert (R-TX), Dave Brat (R-VA), Jim Bridenstine (R-OK), Trent Franks (R-AZ), Rod Blum (R-IA), Alex Mooney (R-WV), Steve Knight (R-CA), Daniel Webster (R-FL), and Andy Biggs (R-AZ) have each signed on to co-sponsor the legislation as well.
“Income taxes on Social Security benefits is a double-tax on seniors when many are already being squeezed financially,” Rep. Webster said. “This is wrong and I’m pleased to co-sponsor this legislation to repeal this tax.”
Massie understands that the legislation faces an uphill battle to achieve success in the tumultous Congress, but feels that he is serving as a whistleblower by leading this effort as most seniors are stilll unaware of how they are being scammed out of their benefits by corrupt bureaucrats.
“Most people don’t even know this happens,” Massie said. “When they passed it there weren’t many squeaky wheels. I’m working to mobilize the growing constituency that is taxed twice on Social Security.”
The official name of the bill is H.R. 2552, and its full text can be viewed here.