U.S. Representative Angie Craig introduced the You Earned It, You Keep It Act, which would repeal federal taxes on Social Security benefits for retirees across the country. Over the past year, inflationary pressures have stretched the already limited budgets of many retired Americans. Craig’s legislation would allow seniors to keep the benefits they rightfully earned after decades of working and contributing to the American economy.
“Social Security is a promise we have made to the American people – if you work hard and play by the rules, the dignity of a secure retirement will be within your reach. But taxing the very benefits American workers have earned after decades on the job diminishes our promise and threatens to undermine the financial security of retirees already struggling with rising prices,” said Representative Craig. “Eliminating this tax will help Social Security benefits go further and ensure that American retirees have all the resources they need after a lifetime of hard work.” Click HERE to read more.