Will this be like his promise of no tax on SS? [I don’t see where my SS will cease to be taxed.]
I don’t recall the reason why, but apparently they couldn’t legislate eliminating the tax altogether.
Blame thing and the parliamentarian
Yours and my SS will be taxed. The Republicans dropped the idea of eliminating them because they claim it will bankrupt SS even sooner. Trump is still claiming (as of last night) that he eliminated taxes on SS. Not true! One article after another (including in Forbes Magazine) show why that isn’t true.
I also pay incredible property taxes year after year to fund the local school district and its overpaid teachers. I haven’t had a vacation in years but a couple of elementary school teachers I know take a winter vacation in Vermont every year and travel around the country in the summer.
They own three vehicles—two, top-of-the line vans they bought just this year and an expensive, foreign-made SUV. I live in one of the poorest counties in Pennsylvania with lots of senior citizens. We’re funding these “educators’” extravagant lifestyle and there’s no relief in sight.
Trump’s idea will never fly. Local governments will shoot it down in an instant. Like the SS tax exemption, he shouldn’t suggest or promise what he can’t deliver. His credibility is on the line. Does he really know what’s in the bill or not?
You are getting a two or three year additional deduction that would reduce your total tax burden. They are telling you it’s an elimination on taxes for social security. “They” think you are stupid. You are not. You are accurate.
It is in the BBB...
“Will this be like his promise of no tax on SS?”
Geez.
For the hundredth time, changing laws requires 60 votes to stop senate filibuster. We don’t have the votes.