U.S. Politics

[Richard Smith]

What a fantastic couple of weeks for Trump and America.  The Bill is done.  The borders are closed.  Inflation is down.  Gas prices are down.  Jobs are up.  CBS is paying Trump millions for their election interference.  Ceasefire in Iran.  Pending ceasefire in Gaza.   It is a stark contrast to the unmitigated disasters under Biden.  Leadership matters. 

[Royell Storing]

 No Tax On Tips!  It's a very complicated Bill, but hard working Joe 6 Pack's understand how that is going to impact their pocket book. These are the very same people that put Trump over the top in 2024.

[Charles Collins]

What a fantastic couple of weeks for Trump and America.  The Bill is done.  The borders are closed.  Inflation is down.  Gas prices are down.  Jobs are up.  CBS is paying Trump millions for their election interference.  Ceasefire in Iran.  Pending ceasefire in Gaza.   It is a stark contrast to the unmitigated disasters under Biden.  Leadership matters.

I am a bit confused regarding the Social Security aspect of the bill. I read a news article that indicated they passed a $6,000.00 boost to the standard deduction for seniors (in lieu of eliminating taxes on SS). Then I got an email from Social Security indicating that taxes on SS have been eliminated. Which one is right (if either are)?


Edit: I read an article from AARP this morning which said the $6,000.00 boost to the standard deduction is correct. However, it is only temporary (3-years). And it phases out for people with higher incomes. So, whatever happened to the “No taxes on Social Security promise???   

[Richard Smith]

I am a bit confused regarding the Social Security aspect of the bill. I read a news article that indicated they passed a $6,000.00 boost to the standard deduction for seniors (in lieu of eliminating taxes on SS). Then I got an email from Social Security indicating that taxes on SS have been eliminated. Which one is right (if either are)?


Edit: I read an article from AARP this morning which said the $6,000.00 boost to the standard deduction is correct. However, it is only temporary (3-years). And it phases out for people with higher incomes. So, whatever happened to the “No taxes on Social Security promise???   

My understanding is that while they did not technically eliminate the taxes on SS the $6k deduction effectively does the same thing for most seniors because it is estimated that the deduction covers the SS taxes for 90% of seniors. 

[Charles Collins]

My understanding is that while they did not technically eliminate the taxes on SS the $6k deduction effectively does the same thing for most seniors because it is estimated that the deduction covers the SS taxes for 90% of seniors.

I understand that. However, it is only for three years. I am thankful for what is being done. But it isn’t what was promised.

[Charles Collins]

Here is the contents of what I received from SS:


“ 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.

“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.”





I underlined a couple of things which I believe are quite misleading and why I was confused. I won’t be holding my breath though for a retraction and apology from the SS administration…..