Social Security no taxes message on Trump bill raises eyebrows |
President Trump's "big, beautiful bill" is sending mixed messages about whether most Americans are required to pay federal income taxes on their Social Security benefits.
"It's a mixed bag for seniors, because some seniors will get some tax relief; the cost of that, though, is borne by the entire Social Security system," Alex Lawson, executive director of left-leaning advocacy organization Social Security Works, told USA Today.
The bill, which Trump signed into law on Saturday, included a $6,000 tax deduction for Americans 65 or older. After Congress passed the bill on Thursday, the Social Security Administration said the legislation "delivers long-awaited tax relief to millions of older Americans."
"The new law includes a provision that eliminates federal income taxes on Social........