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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.
The 4.5 billion tax bill cut clean energy credits, sparking backlash from unions. Contractors and engineering firms praised ...
The legislation extends Trump’s 2017 multitrillion-dollar tax cuts and cuts Medicaid and food stamps by $1.2 trillion. It ...
ABC News’ Senior Political Correspondent Rachel Scott reports on the impacts of the GOP’s “big, beautiful bill.” ...
Trump's exclusion of an oft-touted Social Security proposal will be highly unpopular but is absolutely necessary.
Musk said he's carrying out his threat to form a new political party after a falling out with Trump over the president's ...
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 ...
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