Trump’s OBBBA adds a temporary $6,000 tax deduction for eligible seniors, lowering taxable income but with limits and ...

President Donald Trump’s ‘One Big Beautiful Bill’ offers to bring widespread tax relief for senior citizens. Signed into law on July 4, the act introduces a measure to provide significant tax ...

In total, fewer than 24% of all current Social Security recipients will see a reduction in taxable income directly due to the new law. According to the CBPP, this falls far short of Trump’s campaign ...