The recently passed bill maintains taxes on Social Security benefits, contradicting claims of eliminating them. It introduces budget cuts to Medicaid, food assistance, and clean energy, reallocating funds to Republican initiatives like ICE staffing and extending previous tax cuts. The Social Security Administration inaccurately lauded the bill, asserting most beneficiaries would be tax-exempt. However, these tax benefits are temporary and do not alter the tax code. Misleading communications have been sent to millions, contributing to confusion about the bill's true implications for Social Security taxes.
Nearly 90% of Social Security beneficiaries will no longer pay federal income taxes on their benefits, providing meaningful relief to seniors who have contributed to the economy.
No tax on social security is a reality under the new bill, with promises made and promises kept as stated by the White House.
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