Reported 14 days ago
Donald Trump's proposal to eliminate income taxes on Social Security benefits has garnered significant voter support, with a recent poll indicating that 83% of respondents favor the plan. Although popular among retirees frustrated by existing taxes on their benefits, the proposal raises alarms about potential impacts on the already ailing Social Security system and federal budget. Critics argue that the $1.5 trillion tax cut could exacerbate the program's projected shortfalls within the next decade, while alternative plans suggest modifications that wouldn't carry such a hefty financial burden.
Source: YAHOO