Wednesday, December 21, 2011

Publishing Ignorance

The San Diego Union-Tribune published a "letter to the editor" today which expressed gratitude that military retirement pay is being increased the first of the year, but bemoaned the "fact" that the increase would be "wiped out" by the failure of Congress to pass the most recent tax cut because military retirement pay is taxed.

The Union-Tribune did not point out in an editorial rebuttal, which I believe it should have, that the tax cut in question is a reduction of Social Security withholding and that, while military retirement pay is indeed subject to federal income tax, it is not subject to Social Security withholding, and that the "tax cut" in question will actually not affect military retirement pay.

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