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Trump Keeps Saying the GOP Mega Bill Will Eliminate Taxes on Social Security. It Does Not
- Senate Republicans approved on June 30, 2025, a tax bill with a $6,000 senior deduction amid President Trump's pledge to end Social Security taxes.
- Lawmakers did not repeal all Social Security taxes due to Senate procedural rules, resulting in partial and temporary tax relief lasting through 2028.
- The deduction targets seniors 65 and older, phases out at $175,000 income for singles, excludes younger beneficiaries, and benefits primarily middle- and upper-middle-income households.
- The White House said 88% of seniors would pay no tax on Social Security benefits, while critics warned this claim could mislead seniors expecting a full tax elimination.
- The bill would accelerate Social Security trust fund exhaustion to 2032 and reduce federal revenues by about $1.5 trillion over 10 years, raising concerns about its fiscal impact.
74 Articles
74 Articles
The Republican bill is about to become a reality for Americans and, among its benefits, there are several related to tax obligations
Richmond Register
Commonwealth JournalTrump claims GOP Megabill ends Social Security taxes — it doesn't
President Donald Trump keeps saying that Republicans’ mega tax and spending cut legislation will eliminate taxes on federal Social Security benefits. It does not. Instead of eliminating the tax, the Senate and House have each passed their own versions of…
President Donald Trump keeps saying the GOP mega bill will eliminate taxes on Social Security. It does not
WASHINGTON — President Donald Trump keeps saying that Republicans’ mega tax and spending cut legislation will eliminate taxes on federal Social Security benefits. It does not. At best, Trump’s “no tax on Social Security” claim exaggerates the benefits to seniors if either the House or Senate-passed proposals is signed into law. Here’s a look at Trump’s recent statements, and what the proposals would — or would not — do. What Trump has said Trump…
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