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Tax Increase for Retired

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On Feb. 16, The Times discussed President Clinton’s problems in selling the elderly on increasing the Social Security income subject to the tax law from 50% to 85%. In the example quoted, a couple with $45,000 income, including $18,000 in Social Security, objected vigorously. Their taxes could increase from $2,850 in 1992 to $3,795 in 1993. This is still far below a younger couple earning $45,000, who will pay $5,160 income tax and does not include $3,442 in FICA. The primary reason that the older couple pay substantially less is that a large amount of their Social Security income remains exempt from income tax.

In the context of President Clinton’s overall economic program, the above example seems to be more than reasonable as a contribution from people who have a very comfortable income. It certainly seems fair to me, but I am reminded that this selfish attitude killed the catastrophic care law and canceled prescription drugs and other valuable health care benefits for Medicare beneficiaries. This time around, I hope that the elderly will cooperate with our President and avoid being unduly influenced by the vocal obstructionists.

JAMES C. RITCHEY

Mission Viejo

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