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Sunday, May 25, 2025

Huge Promise Broken to Retirees | 'No Taxes on Social Security' Removed Form Big Beautiful Bill; Will Senate Democrats Add It?

  Trump Is Already Reneging On His ‘No Tax On Social Security’ Promise

"...Donald Trump is already reneging on one of the promises he repeatedly made to a key voting bloc to win back the presidency, his vow to eliminate taxes on millions of retirees’ Social Security payments.

“No tax on Social Security benefits for our seniors,” he told rallygoers in Prescott Valley, Arizona, on Oct. 13. “And you deserve it.”..."

Trump repeated it yet again: “No tax on Social Security benefits for seniors, which is so great.” ...In reality, though, Trump and his congressional allies are offering Social Security recipients a mere fraction of the financial benefit they have been promising since last year. Instead of making Social Security benefits tax-free, House Republicans have now ... a bait and switch,” said Jason Furman, a Harvard University economics professor ...

Reference: www.yahoo.com