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Now Playing: TAXES
My mother is now a retiree at the relatively young age of 62. My mom worked for the government until she retired and will have a regular retirement check as long as she is alive.
Mom also applied for her social security, something she is entitled to, she meets the age requirement and more importantly paid into this fund for over 40 years.
Good old Uncle Sam has decided that for every three dollars mom gets from her retirement she will get only one dollar of her social security.
The big picture? The benefit my mom receives for being a good, honest tax paying citizen is a loss of benefits. Instead of 100% of her entitlement she gets only a third of that amount.
Is that fair? I don't think so. Do you?
Posted by lorriana1
at 11:06 PM EDT