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TRUMP’S SOCIAL SECURITY TAX CUT: A BUST OR A BONUS?

Is It All Just Smoke and Mirrors? Social Security Beneficiaries Left Scratching Their Heads!

In a jaw-dropping twist, House Republicans have unveiled a budget bill that “promises” a tax break for seniors, but the big chop on Social Security taxes? NOT INCLUDED! While President Trump promised to END taxes on Social Security benefits, this new bill appears to fall flat, replaced instead with a so-called ‘enhanced standard deduction’ for the over-65 crowd.

SENIORS SCREAM: WHERE’S THE CUT?

Social media is on FIRE as disgruntled Social Security recipients turn to Twitter, pounding away at their elected officials. "What happened to NO TAXES on Social Security benefits?" they rage. The missing tax cut has left many feeling shortchanged. And let’s face it: they have every right to be furious!

THE BIG FAT "SENIOR BONUS": WOW OR WAH-WAH?

The newly introduced “senior bonus” gives a temporary boost of up to $4,000 for single filers aged 65+ starting in 2025. Sure, sounds nice, but let’s be REAL: it’s a mere fraction of what Trump sold on the campaign trail with grandeur! And oh, the Senate is coming up next week to work their magic — or lack thereof — on this "big, beautiful bill."

CANNOT TOUCH SOCIAL SECURITY RULES: TRUMP’S HANDS ARE TIED!

Under the complex rules tied to Congress’ reconciliation process, altering Social Security taxes is strictly off-limits! This ‘senior bonus’ is simply a workaround to avoid delivering on the massive tax cut that was promised during the election.

TRUMP’S FAULTY ‘DELIVERY’? EVEN HIS OWN BUDDIES ARE DOUBTING!

The Social Security Administration Commissioner tried to soften the blow, claiming Trump “delivered exactly what he promised” – just in a different, disappointing package. But experts like Garrett Watson are calling BS. The proposed tax cut is around ONLY 14% of what was initially pitched during Trump’s campaign!

TWEETS OF DISCONTENT: AMERICANS ARE NOT BUYING IT!

The outrage on social media is palpable. “A lousy 4k deduction doesn’t cut it!” and “We’re not fools!” are just a few of the gripes trending. Tax experts also say—get this—a typical taxpaying beneficiary could save around $480 from the bonus deduction, compared to a potential $1,440 if taxes were just eliminated altogether.

SO, WHAT DO WE REALLY GET? A PUFFED-UP PROMISE!

For those counting, the newly proposed bonus is set to benefit those earning $75,000 or less to an extent, but many seniors will find its impact lackluster. Bottom line? Trump’s grand tax cut EXTRAVAGANZA is dwindling into nothing but a series of half-measures, leaving many feeling like they’ve been sold a lemon — and they’re not happy about it!

IN A NUTSHELL: AMERICANS DESERVE BETTER!

Is this bill merely a PR stunt? Will it give the desired relief? Only time — and more social media outrage — will tell. Buckle up, folks! The battle over Social Security taxes isn’t over yet, and it’s bound to get more dramatic!

photo credit: money.com

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