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News

President Trump's big bill cuts taxes for many seniors

CNN on MSN · 19h
Seniors get a tax break in Trump’s megabill, but many will still pay taxes on Social Security benefits. Here’s the real deal
Senior citizens are getting a tax break in President Donald Trump’s sweeping tax and spending cuts package, but it’s not the one the president promised on the campaign trail last year.
Newsday · 11h
President Donald Trump's big bill cuts taxes for many seniors, but won't eliminate them on Social Security
Trump promised to eliminate the tax on Social Security benefits in his 2024 campaign, but the bill instead adds a new deduction.
Forbes · 3d
Trump’s New Tax Law Could Cut Social Security Taxes For Millions
A new tax break aimed at seniors may lighten the load on retirees’ Social Security income, but it’s not as sweeping or permanent as some headlines suggest. Tucked inside the “One Big Beautiful Bill,” signed into law by President Donald Trump on July 4,
Explícame on MSN1d
This is how the deduction for seniors works with President Trump's reform
The fiscal landscape for Social Security benefits has shifted with President Trump's recent legislation. While it was touted ...
24/7 Wall St.
7d
Big Beautiful Bill Has Seniors On Track for the Largest Tax Break in U.S. History
When you are a retiree with no paycheck coming in, you often need to be careful about where your money goes. That’s why it ...

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