Washington, DC - Legislation introduced Wednesday in the House of Representatives would stop the practice of double-taxation of Social Security Benefits.
Dan Weber, president of the Association of Mature American Citizens, said that AMAC "stands squarely behind the bill and will relentlessly encourage the House and the Senate to enact the measure."
AMAC's strong support for the bill was cited in the official announcement of the Senior Citizens Tax Elimination Act [HR 589] introduced by Representative Thomas Massie [R-KY].
Weber was quoted in the announcement. He said: "AMAC is proud to stand with Congressman Massie today as he introduces the 'Senior Citizens Tax Elimination Act.' This bill rightly eliminates the unfair income tax on Social Security benefits and ensures that older Americans, who have paid into Social Security throughout their careers, are not excessively taxed by the Federal government.
"Given that mature Americans and seniors have already paid tax on their Social Security contributions via the payroll tax, it is irresponsible for the government to double-tax the benefit in order to generate more revenue. The 'Senior Citizens Tax Elimination Act' will not only enable beneficiaries to retain more money for retirement, but it will restore integrity to the Social Security program.
"As an organization committed to representing the interests of older Americans, we encourage Congress to support this commonsense legislation and to protect the benefits our seniors have earned."
The legislation is co-sponsored by Congressman Ron DeSantis (R-FL), Congressman Louie Gohmert (R-TX), Congressman David Jolly (R-FL), Congressman Jim Bridenstine (R-OK), Congressman Trent Franks (R-AZ), freshman Congressman Rod Blum (R-IA), and freshman Congressman Alex Mooney (R-WV).
Congressman Massie called the current practice of taxing Social Security benefits "an accounting sleight of hand that redistributes portions of the Social Security trust fund to other areas of government."