Social Security payments could be untaxed: Trump has the best plan for you - News Summed Up

Social Security payments could be untaxed: Trump has the best plan for you


Donald Trump’s reelection as United States President has many Americans feeling uncertain about the future, including those who rely on Social Security benefits to survive. Donald Trump has made many promises about Social SecurityWhile on the campaign trail, Trump promised not to cut any Social Security or Medicare benefits. Trump’s assurances to not cut benefits were mostly in response to Americans’ concerns about the Social Security funding crisis. Passing any changes to Social Security would require a minimum of 60 Senate votes, meaning some Democrats would have to fall in for this to happen. Experts say that seniors in the higher income bracket would benefit most from canceling taxes on Social Security benefits.


Source: Washington Post November 15, 2024 18:10 UTC



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