President Trump promised to eliminate taxes on Social Security benefits. Instead, the House tax-and-spending bill includes a half measure.The legislation passed by the House last week would give seniors a temporary extra deduction of $4,000, which would lower taxes for many of the people Trump was targeting with his pitch. But this alternative to “no tax on Social Security” would leave many people still paying income taxes on Social Security benefits.
Trump Pledged ‘No Tax on Social Security.’ The Tax Bill Says Otherwise.
House bill’s proposed $4,000 senior deduction falls short of eliminating taxes on Social Security benefits altogether
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