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- ARI | 02-05-25 PM: Trump's Social Security Tax Cuts
ARI | 02-05-25 PM: Trump's Social Security Tax Cuts
Today’s Story
President Trump has proposed eliminating federal taxes on Social Security benefits, which could increase monthly income for many retirees. While this sounds appealing, experts warn that this policy could accelerate the depletion of the Social Security trust fund, potentially leading to significant benefit cuts in the future.
The Committee for a Responsible Federal Budget estimates that such tax cuts could render the fund insolvent within six years, posing a substantial risk to younger generations and future retirees. Hmm, it’s not like we haven’t heard this before - a threat to the Social Security fund for future generations? We’ll keep you informed as more news surfaces.
Insiders say Trump has been working behind the scenes on something BIG for 2025. Some call it a comeback. Others call it a revolution. The real question is—how will it impact America? Get the exclusive scoop now.
Tip of The Day
Stay informed about proposed policy changes and consult with a financial advisor to understand how they may impact your long-term retirement planning.