Talk of The Villages Florida - View Single Post - Moody’s downgrade the credit rating of the United States of America
Thread: Moody’s downgrade the credit rating of the United States of America
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Old 05-19-2025, 12:24 PM
Aces4 Aces4 is offline
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Originally Posted by Bill14564 View Post
According to this page and this page:

Depending on the sources of income, the levels for no taxes on SS income are something like $50,000 and $35,000. (there would still be taxes on the non-SS income but none on the SS income)

If the only income was SS then there would be no taxes (except for couples who both receive $3,000/month)

So it's close to what you would like to see.
You're right and thank you for doing the research. Now they need to cut a little deeper for senior breaks. I believe there are plenty of people living in The Villages scratching to make ends meet, especially if they have been on SS wages based on wages 20 years ago. The inflation is no joke for them and even if it's not increasing anymore, very few of the newest prices and costs will change for them.
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