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Trump Announces Senior Tax Deduction

President Donald Trump has promoted a new $6,000 senior tax deduction and pledged to protect Social Security, and ...
In tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.
The passage of the One Big Beautiful Bill Act has many excited for extensions from the 2017 Tax Cuts and Jobs Act legislation ...
The One Big Beautiful Bill Act includes a $6,000 bonus deduction for those age 65 or older. The White House has announced the bill means “no tax on Social Security.” ...
Progressives reflexively denounce tax cuts and spending cuts as “giveaways to the wealthy” or “stealing from the poor.” So, ...