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Social Security: Isn’t Taxing Benefits Unfair?
Millions rely on Social Security, but many don’t realize it can be taxable until after they retire. Many believe that paying taxes on Social Security benefits that were themselves funded by payroll taxes is unfair. In this installment of our Social Security Q&A series, Dan Caplinger, The Motley Fool’s director of investment planning, answers a question from Donald, who notes that he has a real problem with how Social Security gets taxed and wants to know why he pays what he sees as double tax…Read More
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