“the bill does not include a provision to eliminate federal income taxes on Social Security benefits.
“There is no provision in the budget bill that directly ‘eliminates’ or even reduces taxes on Social Security benefits,” Howard Gleckman, senior fellow at the nonpartisan Tax Policy Center, told the Washington Post.
Trump’s bill offers a tax deduction of $6,000 to seniors making up to $75,000 individually, or $150,000 on a joint return. The deduction is lowered for incomes above that level and axed for seniors with individual incomes of more than $175,000, or $250,000 jointly. However, the new deduction for seniors is set to expire within a couple of years. The median income for seniors in 2022 was about $30,000.”
…
“Before the megabill’s passing, 64 percent of seniors receiving Social Security income paid no tax on their Social Security due to exemptions and deductions, according to an estimate by Trump’s Council of Economic Advisers. Under Trump’s megabill, 88 percent won’t be paying.”
…
the rise is due to the bill’s increase in “the standard deduction for seniors, which, as a result, reduces the number of seniors who will pay taxes on their Social Security benefits.”
…the new legislation will provide limited benefits for lower-income seniors because they already pay less in taxes.”
https://www.yahoo.com/news/social-security-no-taxes-message-154817110.html
We’re 8 Years Away From an Automatic 23 Percent Cut in Social Security Payouts
https://reason.com/2025/06/19/were-8-years-away-from-an-automatic-23-percent-cut-in-social-security-payouts/
Popular pundit says Social Security is a bad idea while apparently understanding very little about it.
https://www.youtube.com/watch?v=78pefGtjeeo
“””Trump also recently proposed cutting taxes on Social Security payments. That might sound good because people will net more money when they receive their benefits. But the reality is more complicated. The poorest households wouldn’t see any change under that plan because Social Security benefits for those making below $32,000 are already untaxed, while the richest recipients would be more likely to see a tax cut.”
…
“There’s no way around it: Lawmakers have to raise taxes on many families, including those who aren’t millionaires. Right now, any income that someone makes above $168,000 is not taxed for Social Security. That means that higher earners pay a smaller share of their income toward funding Social Security than lower- and middle-income earners.”
https://www.vox.com/policy/377666/social-security-reform-solvency-trust-fund-trump-harris-plans
“The paper found “strong and consistent evidence that increased immigration leads to improved patient care,” as well as a decline in hospitalizations corresponding with an increase in female immigrants.”
“Spiking inflation is helping push up taxes on a group that lawmakers are loath to cross: the elderly.
While Social Security benefits increase along with rising prices, and seniors just received a fat cost-of-living adjustment, the threshold at which they can begin to owe taxes on that money is not adjusted for inflation — and hasn’t been changed since the Reagan administration.”