US EditionRiley sponsors bill to eliminate taxes on Social Security benefits
- Representative Angie Craig introduced the You Earned It, You Keep It Act on Tuesday to eliminate some federal taxes.
- Donald Trump's prior focus on ending Social Security taxes influenced the bill and some Democratic lawmakers support it.
- The bill aims to strengthen Social Security by raising the payroll tax cap for those earning over $250,000 annually.
- Brittany Pettersen stated, "Our seniors spend their whole lives working hard and paying into Social Security they shouldnt pay needless taxes."
- If enacted, the act could extend Social Security's insolvency to 2058; the current projection shows insolvency in 2033.
19 Articles
19 Articles
Watauga Democrat
Trump's goal to end taxes on Social Security benefits gets bipartisan support
(The Center Square) – One of President Donald Trump’s tax policy wishlist items is receiving support from some Democratic lawmakers – but with a caveat.
Here’s Where President Trump’s Social Security Plans Stand
Key Points Donald Trump has pledged to eliminate taxes on Social Security. While he may have good intentions, his plan has a serious flaw. So far, his idea seems to be on hold as he focuses on broader economic issues. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t …
Riley sponsors bill to eliminate taxes on Social Security benefits
KINGSTON, N.Y. — U.S. Rep. Josh Riley has sponsored legislation to eliminate federal taxes on Social Security benefits, the congressman’s office said Tuesday. Riley, D-Ithaca, who represents the 19th Congressional District, introduced the legislation known as the “You Earn It, You Keep It Act.” No taxes on Social Security has been a focus of Donald Trump, a Republican, during his campaign as well as while in office. “Seniors paid into Social Sec…
Trump Goal to End Taxes on Social Security Gets Bipartisan Support
WASHINGTON, D.C. – One of President Donald Trump’s tax policy wishlist items is receiving support from some Democratic lawmakers – but with a caveat. Trump has put pressure on Congress to include ending Social Security taxes in the upcoming budget bill. A recent budget analysis projects that move would reduce revenues by $1.5 trillion over 10 years and speed up Social Security’s insolvency by two years, as The Center Square reported. But the new…
President Donald Trump reaffirmed his commitment to ambitious fiscal reform during an interview with Fox News, where he declared that he is “fighting with everything” to eliminate taxes on tips, overtime and Social Security benefits. In his words, these measures seek to alleviate the economic burden on workers and to reduce ...
Coverage Details
Bias Distribution
- 46% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
