Social Security, Donald Trump and Beautiful Bill
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MiBolsilloColombia on MSNThe White House Claims Social Security Tax Elimination, But It's Just a Deduction for SomeIn a move that caught the attention of millions of American retirees, the Trump administration announced a tax relief plan for seniors.
The Social Security Administration says most won’t pay federal income taxes on their benefits. But Congress didn’t directly exempt those payments from taxes.
The emails say nearly 9 in 10 Social Security beneficiaries won’t pay income taxes on their benefits in the future. But the Trump tax law did not directly address Social Security.