President Trump has proposed banning taxes on Social Security benefits, a plan that could affect millions of Americans. 

Trump’s Bold Plan to Ban Taxes on Social Security 

Around 67 million Americans could be impacted. Retirees and people with disabilities who rely on Social Security would benefit most.  

Who Would Benefit from This Plan?  

High-income households making $5 million or more would get the biggest tax breaks—up to $2,500 in 2025. 

Big Benefits for High-Income Earners  

Middle and upper-middle-income households could see smaller tax breaks, around $1,190 to $1,430.  

Middle-Income Families Also See Some Relief  

The Social Security system could face serious problems. Cutting taxes could lead to a $1.8 trillion revenue shortfall by 2035.  

Will This Help or Harm Social Security? 

If Social Security runs out of funds by 2032, retirees might only receive 83% of their benefits. With this plan, it could drop to just 73% 

The Future of Social Security  

Medicare could lose $750 billion if Trump’s plan goes through, adding more strain to the system.  

The Risk to Medicare  

Click the link to read the full article and find out more about Trump’s plan and its potential impact on Social Security!