So Far, Trump Isn't Nixing Taxes on Social Security Benefits. Here's What Retirees Can Expect Instead.
No federal taxes on Social Security benefits. That was one of the key campaign promises made by Donald Trump when he ran for president last year. When the president called for "one big beautiful bill" to enact his domestic policy agenda, many retirees might have expected that this tax cut would be one of the prominent changes included.President Donald Trump got his One, Big, Beautiful Bill. It was passed on Thursday by one vote in the U.S. House of Representatives. However, there was no mention of cutting taxes on Social Security benefits. So far, the president hasn't fulfilled his campaign pledge. Here's what retirees can expect instead.Image source: Getty Images.Continue reading
No federal taxes on Social Security benefits. That was one of the key campaign promises made by Donald Trump when he ran for president last year. When the president called for "one big beautiful bill" to enact his domestic policy agenda, many retirees might have expected that this tax cut would be one of the prominent changes included.
President Donald Trump got his One, Big, Beautiful Bill. It was passed on Thursday by one vote in the U.S. House of Representatives. However, there was no mention of cutting taxes on Social Security benefits. So far, the president hasn't fulfilled his campaign pledge. Here's what retirees can expect instead.
Image source: Getty Images.
