No one ever accused Donald Trump of knowing much about the economy. That fact comes through loud and clear in his tax cut ...

The GOP proposes a temporary $4,000 tax deduction for seniors, shifting from earlier promises to end Social Security taxes as ...

Trump's One Big Beautiful Bill, including a bigger child tax credit, is moving through Congress. See what may be in it for ...

A new proposal from House Republicans could give adults age 65 and older an additional $4,000 tax deduction starting this ...

President Donald Trump and his administration have been busy changing many things over the past few months. One of the most ...

President Trump promised several tax cuts on the campaign trail, and one of them was the elimination of federal income taxes on Social Security benefits. However, the president's ...

A Republican tax proposal could give people age 65 and older an additional deduction of $4,000 in a “senior bonus” that would ...

During the marathon Ways and Means Committee meeting scrutinizing the new Republican tax bill, Rep. John Larson (D-Conn.) ...

A foundational change to Social Security presented by President Trump would fundamentally weaken the program's financial ...

House Republicans have included a proposal in their tax bill to provide a $4,000 deduction for individuals ages 65 and up.

When it became clear that any proposal for universal health care in the United ... Social Security is self-funded, mainly by a dedicated payroll tax. Today, the Social Security tax is 12.4 percent of ...

This is currently taxed at federal income tax rates, like regular income, and is also subject to Social Security and Medicare taxes. President Donald Trump in the Oval Office at the White House on ...