New Tax Bill: Are Trump's People LYING About Taxes on Social Security?

06/07/2025 12 min
New Tax Bill: Are Trump's People LYING About Taxes on Social Security?

Listen "New Tax Bill: Are Trump's People LYING About Taxes on Social Security?"

Episode Synopsis

The One Big Beautiful Bill Act that President Trump signed on Friday gave a new tax benefit to our nation's seniors aged 65+ called the $6,000 senior deduction. The Social Security Administration has framed this as "ensur[ing] that nearly 90% of Social Security beneficiaries will no longer pay federal income taxes on their benefits." Some mainstream media publications have taken issue with this framing. What's the truth? What's the spin? I get into it in this video!#onebigbeautifulbill #socialsecurity #taxes

More episodes of the podcast Tax Relief with Logan Allec, CPA