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"Is there a rational reason not to subject all income to SS tax?"

That could be a killer.

You sell your house for $500,000 and plan to buy a new one....but meanwhile, you think the government should get 8% of it? Plus 2% for Medicare?

Then again, you aren't 'employed' and it isn't salary and the 'company' isn't kicking in another happens when you work and 'earn' an income.

So maybe it would be like income from 'self employed' and you'd owe 15% SS tax on the sale of your house.....or stocks.....or anything else......including your savings account.

Why not tax the 'gain' in your IRA each year too? Uncle Sam can simply withdraw 15% of your gain each year!.......for SS taxes to pay others.

- -

No no no....

If you want to kill the economy, tax 'all income'.....other than earned 15% rate.....for SS.....and 2% for Medicare......everything.....

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