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Does the "big, beautiful bill" eliminate taxes on Social Security?
What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is available to people with an adjusted gross incomes of $75,000 or less and $150,000 or less for couples filing jointly. The deduction is set to expire at the end of 2028.
Musk said he's carrying out his threat to form a new political party after a falling out with Trump over the president's ...
Trump's exclusion of an oft-touted Social Security proposal will be highly unpopular but is absolutely necessary.
The GOP megabill has new tax breaks aimed at low- and moderate-income households, and spending cuts that could make it harder ...
Nonpartisan analysts say the wealthiest Americans would see the biggest benefits from the bill, while lower-income people ...
President Donald Trump on Friday signed into law his sweeping tax cut and spending package, what he’s called the “big, ...
Senate Majority Leader John Thune says Republicans “got the job done” in passing President Donald Trump’s big bill of tax ...
ABC News’ Senior Political Correspondent Rachel Scott reports on the impacts of the GOP’s “big, beautiful bill.” ...
President Donald Trump's tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S ...
The House has passed the massive tax and spending cuts package that President Donald Trump calls “beautiful,” getting it to ...
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