“No thanks” to the current administration.
The proposed new tax bill supposedly provides for a $4,000 tax deduction for each senior citizen, which would mean an $8,000 deduction for a married couple filing jointly.
Sounds good, right?
Not.
The “senior bonus” plan only benefits senior citizens who have income in addition to their Social Security. You know, like those upper end folks who are receiving more in interest and dividends on their investments than the average American earns by working two jobs.
Those of us relying solely on Social Security don’t pay much, if anything, in taxes anyway because our income is too low. A tax deduction is worthless to us.
I’d much rather receive a direct deposit into my bank account for the $8,000 allotted to my husband and me. Then, maybe, it would be helpful. $8,000 would pay for my medical out-of-pocket expenses for two years, freeing me up to buy “luxury” items like food, clothing (Walmart brand, of course), etc.
At the same time, the administration is looking for ways to cut Social Security, Medicare and Medicaid.
Once again, the administration is scheming to make the wealthy richer and the poor senior citizens even poorer.
On a happier note:
Many thanks to the tall customer at the grocery store who kindly reached items on the top shelf for me, and who it turns out was parked right next to me, so she grabbed my empty cart and returned it to the cart corral, thereby saving me a few steps. This lady was retired, like me, but in better shape, and she had an awesome disposition. I hope someday I can return the favor to her.
See, there are still kind people in this world. It’s good to know.
Happy Friday, everyone.
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I love to hear from my readers. You may comment on this post or email me at cordeliasmom2012@yahoo.com
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Image by Cordelia’s Mom/TeddyRosalieStudio
Cordelia's Mom, Still 
Lovely post! So agree with the tax issue. We pay tax on our works pensions, and probably on state pensions as well from April 2026 due to thresholds being frozen until 2028. We don’t qualify for additional state help as our income is over said thresholds. We would pay tax on interest over £1000 each (I wish) on our savings, though I do have one savings account where any interest is tax free……….. at the moment. This type of account is under review by the government because they want savers to put their money into stocks and shares (ie. risky short term, and of little benefit to pensioners like us). Some years ago, they encouraged working people to save into a private pension to boost their retirement. Now the current government have let slip that this money may be taxed at 55%.
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55% tax?! Yikes. The interest on my savings account is taxable, but since I usually only get about $10 in interest each year, I don’t worry about it. But I’m sure the government will find some way of taking that $10.
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Same here. They are coming after those who have the least and now it is rumoured they want access to EVRYONE’s bank accounts, even if their not on benefits! That is an invasion of privacy IMO and they have no right if there is no suspicion of fraud or overpayments.
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No one has any right to accesss someone else’s bank accounts unless a crime is suspected. Your government sounds as bad as ours.
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They are a greedy bunch of S***s.
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A little kindness goes a long way.
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For sure. And I’m always surprised by it.
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The challenge is to survive this administration.
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Yep.
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Here’s to kindness, CM. It’s needed so much.
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Very, very much needed these days. I try to pass it along when I can.
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