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To: Jimmy Valentine

Okay, that was on the federal level. This is state. Illinois wants to tax the money SS seniors get. This is off the top, no deductions, somewhere in the neighborhood of from 3 to 10 percent. Clinton just lowered the amount you can receive before being taxed. It’s $25,000. You’re taxed on anything over that.


55 posted on 03/07/2011 6:36:36 PM PST by ReverendJames (Only A Painter Or A Liberal Can Change Black To White.)
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To: ReverendJames

Yikes!


58 posted on 03/08/2011 2:54:14 PM PST by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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