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News

GOP mega bill won't end Social Security taxes

The Associated Press on MSN · 36m
Trump keeps saying the GOP mega bill will eliminate taxes on Social Security. It does not
President Donald Trump keeps saying that Republicans' mega tax and spending cut legislation will eliminate taxes on federal Social Security benefits. It does not.
Explícame on MSN · 4h
White House says Trump Tax Bill will benefit 33.9 million seniors; but does not eliminate Social Security taxes
The White House claims that 33.9 million seniors will earn $670 on average with the $6,000 deduction, but it does not eliminate Social Security taxes.
The Motley Fool on MSN · 3h
Would You Qualify for a Tax Cut Under Trump's "Big Beautiful Bill"?
President Trump repeatedly stated that he wanted to end Social Security benefit taxes, but that's not what the OBBB does. Instead, it adds a new $6,000 tax deduction for seniors ($12,000 for married couples) that they can claim on top of the standard deduction and existing senior deduction. Here's a closer look at how this adds up:
FingerLakes1.com
2h
“Big, Beautiful Bill” Delivers Tax Breaks For Some, Not All—Who Will Benefit?
President Trump’s sweeping bill includes a major Social Security tax break for older Americans, but leaves out the poorest ...
16h
GOP tax bill includes a $6,000 ‘senior deduction.’ Here’s who qualifies.
The provision emerged from President Donald Trump’s campaign pledge to end taxes on Social Security. But experts say many are ...

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