Trump Pushes to End Taxes on Social Security—and Shockingly, Democrats Are Backing Him
One of former President Donald Trump’s long-standing tax policy goals — eliminating taxes on Social Security benefits — is gaining traction with some Democratic lawmakers, but with a key condition attached.
Trump has been urging Congress to include the elimination of federal taxes on Social Security benefits in the upcoming budget bill.
According to a recent analysis reported by The Center Square, this move would reduce federal revenue by $1.5 trillion over the next decade and accelerate the depletion of the Social Security trust fund by two years.
However, a new proposal from Rep. Angie Craig (D-Minn..) offers a different approach. Her bill, titled the You Earned It, You Keep It Act, aims to eliminate taxes on Social Security benefits while simultaneously securing the program’s ...