Did you get the email from Social Security administration saying what a great thing the big beautiful Bill passing

[Wiz Imp]

32. Yes, I got it. It's appalling and disgraceful. It should be illegal.

It's total propaganda. More imitation of third world dictator stuff. This makes me really mad. It's also a lie:

https://www.fidelity.com/learning-center/personal-finance/one-big-beautiful-bill

What’s inside the new tax law?

Temporary provisions good for 4 years
In addition to the permanent provisions, the legislation includes numerous temporary deductions and credits good only for tax years 2025 through 2028, including:

An added senior tax deduction. People who are age 65 and older will get an additional $6,000 deduction that begins to phase out at incomes of $75,000 for single filers and $150,000 for joint filers. Note: The enhanced deduction would be in addition to the $2,000 single filers and $3,200 married filers are currently able to deduct if they are 65 or older.

What isn't in the new law?
No taxes on Social Security. The legislation does not include President Trump's proposal to eliminate taxes on Social Security benefits, which are taxable up to 85% for individuals with income of more than $34,000 or a couple with combined income of $44,000 or more. However, the additional $6,000 deduction for people who are 65 and older may help offset taxes on Social Security benefits for some individuals with income at these thresholds for the next 4 years.

So not only was eliminating taxes on SS benefits a lie, the alternative measure which is supposed to help seniors is only temporary for 4 years. Not only that but check this out:

https://apnews.com/article/trump-congress-big-bill-tax-social-security-adea287e00c7c553f69f3667d3ef78cc

Touting a new Council of Economic Advisers analysis, the White House said Tuesday that “88% of all seniors who receive Social Security — will pay NO TAX on their Social Security benefits,” going on to say that the Senate proposal’s $6,000 senior deduction “is estimated to benefit 33.9 million seniors, including seniors not claiming Social Security. The deduction yields an average increase in after-tax income of $670 per senior who benefits from it.”

The average benefit is a whopping $670. Now, I know, even $670 would be a welcome benefit for many seniors. However, since that is the average benefit, those with lower income will see even lower benefits than that. Not exactly the windfall that Trump was promising, is it?