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The Water Cooler
General Discussion
Should some Oklahomans be exempt from the state's income tax?
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<blockquote data-quote="Fyrtwuck" data-source="post: 4202687" data-attributes="member: 23"><p>Just me, but when a person hits 65 and is eligible for Medicare and SS, it’s time to stop paying taxes. </p><p></p><p>My house and everything I own is bought and paid for. I’ve paid taxes on everything I own and had taxes on top of taxes from the time I received my first paycheck as a teenager. Today I’m still paying taxes on a house and property that has been paid for. My yearly tax statement says I still pay school taxes, yet my youngest child is 29 years old. </p><p></p><p>When I retired, my take home pay was cut in half and still taxed. When I became eligible for SS and Medicare, I got a check far less than what I hoped for and a letter saying that I was now on Medicare and deductions from SS is paying for Medicare which took 2/3 of my SS check. </p><p></p><p>The only breaks I get after turning 65 is my DL is now free and I occasionally get an old farts discount from random businesses. </p><p></p><p>Use common sense and let us live our final few years of life semi-comfortably and not standing on a corner with a sign. Also, you young’uns need to keep in mind that if you live long enough, you’ll be in the same situation too.</p></blockquote><p></p>
[QUOTE="Fyrtwuck, post: 4202687, member: 23"] Just me, but when a person hits 65 and is eligible for Medicare and SS, it’s time to stop paying taxes. My house and everything I own is bought and paid for. I’ve paid taxes on everything I own and had taxes on top of taxes from the time I received my first paycheck as a teenager. Today I’m still paying taxes on a house and property that has been paid for. My yearly tax statement says I still pay school taxes, yet my youngest child is 29 years old. When I retired, my take home pay was cut in half and still taxed. When I became eligible for SS and Medicare, I got a check far less than what I hoped for and a letter saying that I was now on Medicare and deductions from SS is paying for Medicare which took 2/3 of my SS check. The only breaks I get after turning 65 is my DL is now free and I occasionally get an old farts discount from random businesses. Use common sense and let us live our final few years of life semi-comfortably and not standing on a corner with a sign. Also, you young’uns need to keep in mind that if you live long enough, you’ll be in the same situation too. [/QUOTE]
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The Water Cooler
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Should some Oklahomans be exempt from the state's income tax?
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