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Related: How the IRS taxes Social Security income in retirement. The new tax break is welcome news for the over 66 million ...
A Republican tax proposal could give people age 65 and older an additional deduction of $4,000 in a “senior bonus” that would ...
The Social Security and Medicare Fair Share Act proposes targeting payroll tax loopholes for high-income earners.
Additionally, President Trump last month pushed Congress to approve a "big, beautiful" tax and spending bill that fulfills ...
A new bill would tax income over $400K to help fix Social Security’s funding gap and avoid 17% benefit cuts by 2035.
Millions of recipients could soon be entitled to the tax break, should the provision make its way into the final bill.
Rep. Thomas Massie (R-KY) is the lead sponsor of Bill H.R. 904 - No Tax On Social Security presently being reviewed in the ...
House Republicans unveiled the tax plan in Donald Trump’s “One Big, Beautiful Bill,” featuring tax breaks on tips, overtime, ...