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Watching Pres Trump live. He just said "No taxes on Social Security".
Posted on 8/14/25 at 12:40 pm
Posted on 8/14/25 at 12:40 pm
I read in the BBB about the $6000 deduction for SS recipients. Nothing about totally eliminating the taxes on SS. Which is it?
Posted on 8/14/25 at 12:42 pm to Shoalwater Cat
Change your handle to Johnny Come Lately. Just a deduction. No tax elimination.
Posted on 8/14/25 at 1:05 pm to Shoalwater Cat
How bout NO PROPERTY TAX and NO INCOME TAX!!
Posted on 8/14/25 at 1:38 pm to Shoalwater Cat
Do you understand federal income taxes? Seriously. A $6,000 deduction basically means anyone making less than $500k would not pay taxes on SS.
Posted on 8/14/25 at 1:41 pm to Shoalwater Cat
And Joe Biden once said, "My butt's been wiped."
quote:
"My butt's been wiped" is a phrase associated with a specific incident involving President Joe Biden during a speech, where he appeared to say this phrase at the end of his address.
From a literal perspective, wiping after a bowel movement is an essential part of personal hygiene.
Here are some tips for proper wiping after using the toilet:
Wipe from front to back: This is especially crucial for people with vaginas to prevent the spread of bacteria from the anus to the urethra, reducing the risk of urinary tract infections (UTIs).
Use soft, unscented toilet paper or wet wipes: Unscented and dye-free options are best to avoid irritation.
Be gentle: Avoid harsh scrubbing, which can irritate or damage the delicate skin around the anus.
Use water to clean: Some individuals find it beneficial to use a bidet or simply wash the anal area with water after a bowel movement for a more thorough cleansing.
Ensure dryness: After washing, gently pat the area dry with a clean towel.
Posted on 8/14/25 at 1:46 pm to Riverside
quote:There is a phase out based on your income.
A $6,000 deduction basically means anyone making less than $500k would not pay taxes on SS.
Posted on 8/14/25 at 1:48 pm to Shoalwater Cat
Are we panicking yet?
This feels like we are already panicking.

This feels like we are already panicking.
Posted on 8/14/25 at 2:02 pm to Shoalwater Cat
Don’t know if this is the case in the initiative that Trump is proposing… but there are many SS recipients that would benefit by being in a lower tax rate bracket …. and ac$6k annual deduction might just do that.
Posted on 8/14/25 at 2:05 pm to Shoalwater Cat
quote:
The law creates a new $6,000 deduction through 2028 for taxpayers aged 65 and over.
It only helps Boomers and older; Gex-X won't start hitting 65 until 2030.
Posted on 8/14/25 at 2:29 pm to Shoalwater Cat
quote:
Watching Pres Trump live. He just said "No taxes on Social Security".
quote:
I read in the BBB about the $6000 deduction for SS recipients.
Trump didn't write the bill, congress did.
And they screwed the pooch on no tax on overtime too.
It's not tax free on 1.5x rate only the 0.5x part.
Thank congress.
Posted on 8/14/25 at 2:41 pm to Shoalwater Cat
How about opting out of SS? I'd like to get my investment back while I've still got time to earn a return on it.
Posted on 8/14/25 at 2:43 pm to Folsom
quote:
How bout NO PROPERTY TAX
Talk to your city and county governments.
Posted on 8/14/25 at 2:57 pm to Folsom
Trump has nothing to do with property tax
Posted on 8/14/25 at 3:52 pm to Riverside
I understand taxes and I support Trump. Not doubting what the 6K will do for SOME people,,
He said "No taxes on Social Security", that means 0 tax for everyone drawing SS. Big difference.
He said "No taxes on Social Security", that means 0 tax for everyone drawing SS. Big difference.
Posted on 8/14/25 at 3:54 pm to Shoalwater Cat
quote:
He said "No taxes on Social Security", that means 0 tax for everyone drawing SS. Big difference.
But he always tells the truth?
I can't wait to go to the pharmacy for my $50 prescription and get paid $700 when I get it because 1500% reductions.
This post was edited on 8/14/25 at 3:56 pm
Posted on 8/14/25 at 3:57 pm to LSUbest
quote:
Trump didn't write the bill, congress did.
From WhiteHouse.Gov
quote:
President Trump’s One Big Beautiful Bill Is Now the Law
quote:
Today, President Donald J. Trump officially signed The One Big Beautiful Bill into law — a once-in-a-generation piece of legislation that makes good on his campaign promises and puts America First.
Posted on 8/14/25 at 4:04 pm to Folsom
That’s state and parish but yes please
Posted on 8/14/25 at 4:36 pm to Nosevens
I would love “ no property tax” but that won’t happen due to the need to und public schools. But DeSantis is correct there is no reason to raise the appraisal and hence the property tax every year. Essentially taxing unrealized gains. Let schools live within existing budget.
Posted on 8/14/25 at 4:51 pm to Shoalwater Cat
I have only seen this $6k figure called a"deduction" which seems to me an additional deduction to the standard deduction or itemized, if that applies. But looks like most people are reading it as a tax "credit" which comes off the final tax bill. Which is it?
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