The House version of the bill had just two main restrictions on these tax deductions. The first was that you needed to have a work-eligible Social Security number to claim the deduction. The ...

A June analysis of the bill by Trump's Council of Economic Advisers estimated 88% of seniors will not pay taxes on their benefits under the new law. "It’s been marketed as tax relief for seniors ...

Facts First: Trump’s claim is false. There is no credible basis for the claim that failing to pass the bill would result in anywhere near a 68% tax increase.

Here's Who Won't Get a Tax Break on Tips and Overtime Pay Under the Senate's Version of Trump's "One, Big, Beautiful Bill" By Kailey Hagen – Jun 28, 2025 at 4:00AM ...