From the very beginning of his political career, Trump has fought to protect Social Security and Medicare. Even when advisors told him to make cuts during his first term, he refused. Trump actually secured increases in payments for SS recipients. Joe Biden had spread the claim that Trump and Republicans were going to slash those benefits, but that was a bald-faced lie.
With Trump poised to return to the White House, it would make sense that he’d revisit Social Security, right? What are Trump’s current plans for this program?
Millions of retired Americans depend on Social Security checks. Yet, the Biden/Harris administration’s inflation effectively reduced the amount of money seniors actually took home. That is sure to turn around if Trump returns to office. But he wants to do even more. In a short but clear Truth Social post, he outlined what he would like to do for Social Security recipients.
From Just the News:
Former President Donald Trump, the 2024 GOP presidential nominee, suggested repealing the tax Social Security benefits.“SENIORS SHOULD NOT PAY TAX ON SOCIAL SECURITY!” Trump wrote on Truth Social on Wednesday.
According to the Social Security Administration, “about 40% of people who get Social Security must pay federal income taxes on their benefits.”
Trump’s Bold Demand
Picture this: Social Security benefits with no tax burdens. It sounds almost too good to be true, right? But that’s precisely what former President Donald Trump is proposing. In a recent social post, Trump floated the idea of repealing taxes on Social Security benefits. That would put more money directly into the hands of retirees. He simply stated, “Seniors Should Not Pay Taxes on Social Security!” That is certainly a statement many will cheer.
Trump’s latest proposal is a bold move. However, it is likely to appeal to millions of retirees who have been feeling the pinch of inflation and rising costs of living. According to the Social Security Administration, about 40% of recipients pay taxes on their checks. For many, these taxes can take a significant bite out of their monthly checks. When factoring in Biden/Harris inflation, retired Americans have much less money to work with.
Donald’s Promise to Working Americans
It seems Trump is swinging for the fences. He is reaching out to Americans from all walks of life, eager to put more money back into their pockets. The Republican has repeatedly stated that he wants to eliminate taxes on tips. That would be a huge benefit to waiters and other tip-earners, as much of their income is through tips. Now, he wants to remove taxes on Social Security checks, which will help Americans who have worked hard all their lives.
These promises come in direct opposition to Kamala Harris and the Democrats’ agenda. Liberals claim they are for working Americans and senior citizens. Yet, they never cut taxes or try to put more money in your pocket. Instead, they want to “help” by providing government handouts—which only serve to hurt Americans rather than help. It has never crossed the left’s mind that cutting taxes and reducing government spending will help Americans much more.
I guess Democrats are too busy conning us to figure that out!
An Obvious Game Changer
It is unknown how Kamala Harris will react to Trump’s comment. She will probably have to wait for her campaign handlers to cook up a response, seeing as how she can’t think on her feet. Harris is coming off as just a mouthpiece for the party, not an individualist.
She will likely rubber-stamp whatever leftist plan the Democrat establishment gives her. But she will have to explain why she doesn’t support cutting taxes on Social Security checks, putting her at odds with retired Americans (who vote at higher rates than younger demographics).
Key Takeaways:
- Trump proposed eliminating taxes on Social Security benefits, aiming to boost retirees’ income.
- This comes after Trump promised to end taxes on tips for workers.
- Democrat policies tend to raise taxes and increase the financial burden on Americans.
Source: Just The News
