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Thursday, October 18, 2012
Invoking Social Security: A Claim of Higher Taxes
Campaigning in Florida, Vice President Joseph R. Biden Jr. widened his attack against Mitt Romney on Friday to accuse him of favoring higher taxes on Social Security benefits to pay for tax cuts for the rich. "Right now the majority of seniors, over 50 percent, pays zero income tax on their Social Security benefits," Mr. Biden said. Those with higher incomes pay taxes on the benefits on a sliding scale. "If Governor Romney's plan goes into effect, it can mean that every, every one of y...
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