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Social Security recipients need a break this year, too

5:52 PM, Jan. 9, 2013

Congress and President Barack Obama have set the inheritance tax trigger at $5 million and indexed it to inflation. They also indexed the alternate minimum tax to inflation. This legislation limits some of the penalty to those who have achieved wealth they subsequently pass on to their heirs. It also limits the penalty on those who are in the in process of achieving their wealth.

Now that those inequities have been addressed and alleviated, it is time to eliminate the inequity our government has fostered upon the majority of retired Social Security recipients.

In 1983 a retired individual ...

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