It’s true that Georgia has a small income tax, but for retirees, IRA distributions, pensions and Social Security are not taxed. I think at the moment, retirees would have to make over 65K in earned income before taxes would kick in.
My mother, who lives in “no income tax” Tennessee pays over $1000 a year because she has investments in securities. If she didn’t make a penny from her investments, she would still pay just because she owns them.
Because my husband receives a 80’s era Navy Pension and a Jr. College Profs pension, that is 40 yrs of work history, that does not include all the work he did every year since he was 15 on farms picking cherries/grapes which did not go on SS. He has to have money from his Navy Pension held out for Federal Income Taxes. It also puts him over the VA care cap of $38K.
Sexting weiner makes double for 1 year as a US rep in a year in pension, better healthcare, than my husband did for 20 years in the Navy.
They also include both our SS checks in that income. We have only standard deduction as we are down to short form. SS was a tax, it gains little interest as congress is to stupid to invest it wisely to increase it.