[daler]

My understanding is that with the BBB the deduction will be so large that most seniors won’t pay any tax on their SS.

I don’t recall the reason why, but apparently they couldn’t legislate eliminating the tax altogether.

[TexasGator]

“I don’t recall the reason why, but apparently they couldn’t legislate eliminating the tax altogether.”

Changing existing laws would be subject to filibuster which require 60 votes to override.

[Freee-dame]

I wish that Trump would stop saying “no tax on Social Security.” Any reduction in taxes for seniors would be seen as a positive, but not if they have been promised that they would pay NO TAXES.

We lost seats in the midterms in 2018 because of something about the deductibility of the SALT tax. This time a lot of people are going to be angry when they find out that their Social Security will still be taxed even if not as much as before.

A $6000 deduction in income, if someone is in a 20% tax bracket, is a $1200 deduction in taxes. Trump knows the difference. He needs to start explaining to people why he could not do the full “no taxes on Social Security” instead of over promising something that will not happen.

[kvanbrunt2]

My understanding is that with the BBB the deduction will be so large that most seniors won’t pay any tax on their SS.
I don’t recall the reason why, but apparently they couldn’t legislate eliminating the tax altogether.>>>I read the finance section, It’s an additional $6,000 deduction.

[epluribus_2]

In three years a Rat or RINO will likely end it anyway. Disappointed.

[Dr. Zzyzx]

I’ve read it three times and still don’t understand it. Something to do with the Byrd Rule.

[electricjack]

The problem lies in the US Senate they took it out of the BBB yes there gutless republican senate as usual the four traitors Murkowski, Collins, Paul et all pulled it out of the bill almost forgot the 4th THE TURTLE married to the head of Chinas container empire, He quit according to the liars in the media yet he keeps screwing TRUMP at every opportunity get rid of the gruesome four some. Alaska, stop your silly BS voting technique. Maine, are you that stupid to keep this backstabbing woman to represent you??? Kentucky, get rid of the half-wit optometrist....Palin needs money to get rid of Mur snotty....