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The bill creates a new deduction specifically for seniors 65 and over, which would relieve the tax burden on some 88% of them.
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MiBolsilloColombia on MSNNo end to Social Security taxes, but seniors can deduct $6,000 with New Trump Law
The recent passage of the 'One Big Beautiful Bill Act' marks a pivotal moment in President Trump's tax agenda. While it doesn't fully eliminate Social Security taxes, it introduces a $6,000 deduction ...
Many Americans received an email from the Social Security Administration applauding the megabill's passage. Experts say it was misleading.
Donald Trump’s Social Security Administration sent out an email praising his “Big Beautiful Bill” with misinformation about what the new law does.
The One, Big, Beautiful Bill is now law, and it includes changes to Social Security. Older adults are set to receive a large tax break, saving many seniors thousands of dollars per year.
President Donald Trump has generated controversy on a number of policy fronts, from tariffs to immigration and beyond. Learn More: Social Security Full Retirement Age Went Up -- Why It May ...
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