Senior Deduction, Beautiful Bill
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The White House says the One Big Beautiful Bill Act got rid of taxes on Social Security; finance experts disagree.
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GOBankingRates on MSNWhat the Big Beautiful Bill Means for You: New IRS Guidelines Break It Down
This article originally appeared on GOBankingRates.com: What the Big Beautiful Bill Means for You: New IRS Guidelines Break It Down
Roughly 100,000 Alaskan retirees stand to gain from the new federal senior tax deduction, which exempts most Social Security income starting in 2026. With high living costs and rural challenges,
Progressives reflexively denounce tax cuts and spending cuts as âgiveaways to the wealthyâ or âstealing from the poor.â So, take it with a grain of salt when House Minority Leader Hakeem Jeffries, D-N.