More misleading information from the Trump administration- this time about Social Security

This is not accurate at all and intended for political reasons to mislead.

This was posted on the SSA website and sent as a e-mail:

The Social Security Administration (SSA) is celebrating the passage of the One Big, Beautiful Bill, a landmark piece of legislation that delivers long-awaited tax relief to millions of older Americans.

The bill ensures that nearly 90% of Social Security beneficiaries will no longer pay federal income taxes on their benefits, providing meaningful and immediate relief to seniors who have spent a lifetime contributing to our nation’s economy.

My NOTE: In 2024 only 40% of SS beneficiaries had their benefits determined to be taxable income.

“This is a historic step forward for America’s seniors,” said Social Security Commissioner Frank Bisignano. “For nearly 90 years, Social Security has been a cornerstone of economic security for older Americans. By significantly reducing the tax burden on benefits, this legislation reaffirms President Trump’s promise to protect Social Security and helps ensure that seniors can better enjoy the retirement they’ve earned.”

The new law includes a provision that eliminates federal income taxes on Social Security benefits for most beneficiaries, providing relief to individuals and couples. Additionally, it provides an enhanced deduction for taxpayers aged 65 and older, ensuring that retirees can keep more of what they have earned.

Social Security remains committed to providing timely, accurate information to the public and will continue working closely with federal partners to ensure beneficiaries understand how this legislation may affect them.

For more information about Social Security programs and benefits, visit http://www.ssa.gov.

3 comments

  1. Al Lindquist

    typical headline with no follow up facts–the only thing misleading is the lack of specifics–but that’s typical of the left and its flunkies. It’s called Trump Derangement Syndrome.

    because of the Byrd Rule in the Senate taxes on SS could not be lowered or eliminated, thus this was the most practical way of doing this–it will expire in 2028 but you can bet it won’t–like PBS it will be a tough kill–government programs are like kudzu.

    if you are age 65+ you get a $6,000 deduction as long as your Adjusted Gross Income does not exceed $75,000 for a single person or $150,000 for couples–for a couple it is $6,000 each or $12,000–like a ROTH IRA it seems the deduction phases out above the limits.

    Looks like 85%+ of us will have deductions exceeding taxable benefits (I exclude my wife and myself) but millions of seniors will have some extra money to spend.

    One criticism is that it favors the “rich” the usual canard of the left–it seems as if 20% of beneficiaries pay no tax on their SS so nothing changes for them–maybe the lefties want us to increase their benefits, so they feel part of what is going on.

    Another criticism is it weakens the financial underpinning of SS which is already weak enough, and of course it could well increase the deficit–to me valid criticisms.

    of course, we are used to misleading after the Russia hoax–Obama/Quinn $2,500 / keep your doctor hoax/ “I can’t keep up with the corpse and no he does not need Depends”–“forgiving student loans won’t add to the deficit.” But this one, by Senate rule, is what it is.

    personally, I would not have proposed this or no tax on tips or overtime–the deficit and debt are too giant issues–buying votes is not my cup of tea when debt is so high.

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  2. The bill doesn’t reduce or affect SS taxes at all. It simply gives those 65 and older an additional $6,000 each to their deduction on their tax form. Helpful for seniors but also a big fat lie.

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