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Sep 5 (edited) โ€ข ๐Ÿ“ฐ Age Well NEWS!
๐Ÿ“ฐ Daily News โ€” ๐๐ข๐  ๐’๐จ๐œ๐ข๐š๐ฅ ๐’๐ž๐œ๐ฎ๐ซ๐ข๐ญ๐ฒ ๐๐ž๐ฐ๐ฌ ๐Ÿ๐จ๐ซ ๐‘๐ž๐ญ๐ข๐ซ๐ž๐ž๐ฌ ๐Ÿง“๐Ÿ’ตโœจ
A new proposal called the โ€œ๐˜๐จ๐ฎ ๐„๐š๐ซ๐ง๐ž๐ ๐ˆ๐ญ, ๐˜๐จ๐ฎ ๐Š๐ž๐ž๐ฉ ๐ˆ๐ญ ๐€๐œ๐ญโ€ is making waves in Washington. This legislation aims to permanently eliminate federal taxes on Social Security benefits, giving seniors more money in their pockets.
Hereโ€™s what it means:
โœ… Ends federal taxation on Social Security benefits for retirees
โœ… Goes beyond the temporary $6,000 deduction included in the โ€œ๐Ž๐ง๐ž ๐๐ข๐  ๐๐ž๐š๐ฎ๐ญ๐ข๐Ÿ๐ฎ๐ฅ ๐๐ข๐ฅ๐ฅ ๐€๐œ๐ญโ€.
โœ… Raises the payroll tax cap from $176,100 to $250,000, strengthening the Social Security trust fund for future generations.
This proposal is designed to bring fairness to retirees whoโ€™ve worked hard, paid in, and deserve to keep more of what theyโ€™ve earned.
๐Ÿ’ฌ ๐–๐ก๐š๐ญ ๐๐จ ๐ฒ๐จ๐ฎ ๐ญ๐ก๐ข๐ง๐ค? Should Social Security benefits be tax-free for all seniors?
Share your thoughts below! ๐Ÿ‘‡
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Tom Hickerson
6
๐Ÿ“ฐ Daily News โ€” ๐๐ข๐  ๐’๐จ๐œ๐ข๐š๐ฅ ๐’๐ž๐œ๐ฎ๐ซ๐ข๐ญ๐ฒ ๐๐ž๐ฐ๐ฌ ๐Ÿ๐จ๐ซ ๐‘๐ž๐ญ๐ข๐ซ๐ž๐ž๐ฌ ๐Ÿง“๐Ÿ’ตโœจ
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