Trump's Big Beautiful Tax Bill
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8don MSN
Trump says the "Big Beautiful Bill" eliminates taxes on Social Security benefits. However, the bill's text shows that's not quite the case.
President Trump has been boasting that his One Big Beautiful Bill (OBBB) eliminated income taxes on Social Security. But did it? The answer is,
President Donald Trump will meet with his Cabinet at the White House at 11 a.m. Tuesday for the first time after signing the One Big Beautiful Bill Act late last week. Trump signed the sweeping legislation on Friday’s Fourth of July holiday,
A Washington Post article reprinted in the Star Tribune (“Social Security email raises eyebrows,” July 6) held the Social Security Administration accountable for a less-than-accurate email stating the Big Beautiful Bill eliminated federal income taxes on Social Security benefits.
The Big Beautiful Bill, officially signed into law on July 4, makes major changes to the tax code this year. After significant jaw-boning and contentious debate, President Donald Trump successfully won enough support in the House and Senate to usher the 900-plus page One Big Beautiful Bill Act across the finish line.
When Americans can no longer trust the information it receives from the Social Security Administration, there's a problem.