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Well, it's getting to be that time of year again. The glow of the holidays has worn off and now many Minnesotans are looking out their windows and wondering how quickly they can book a flight to Mexico. Between the ice, the snow, the cold and the conditions of the roads, who can even blame them?
I've long stood by one cure-all for winter's woes. A grilled cheese sandwich and a hot cup of tomato soup warms your soul and gives you the pep in your step you need to get that last bit of ice cleared off the walk — until the plow comes by and erases all your hard work, that is!
Nicholas Rea, Minneapolis
LEGISLATURE
Don't stop at Social Security taxes
"Minnesota, like the federal government, has taxed Social Security benefits for roughly four decades." So states the Star Tribune front-page article "Tax cuts for seniors, at a cost" (Jan. 22). Since eliminating this tax is an issue loudly championed by Republicans right now, it might be instructive to recall some history regarding the taxation of these benefits.
Federal taxation of Social Security benefits began in 1984 as the result of a law signed by President Ronald Reagan the previous year; Minnesota followed that lead in 1985. At the federal level, this action was necessary to help offset the loss of revenue caused by the reduction in the highest income tax rate that went from 73% to 28% during Reagan's time in office. One could genuinely argue that wealthy individuals received a tax cut partially financed by retirees. While this policy received bipartisan support at the time, rather than simply eliminating this tax, perhaps there is another way to make, or keep, America great.
Since the dream of many Republicans is to go back to the way things were done in some mystically perfect past, how about we simply go back to the income tax rates in place before Social Security benefits were taxed? This would allow us to actually address the government's fiscal health (at all levels) and maybe even solve the problem of deficit spending (something that Republicans constantly complain about, except when they can actually do something about it).