What is wrong with the tax cut for SS recipients. Although I will save

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67. It's a deduction taken at tax time, not a monthly increase in your check.

And it will be irrelevant for those who most need it.

https://www.democraticunderground.com/?com=view_post&forum=1002&pid=20458251

I have no objection to SS recipients receiving a little more - especially if it comes in the monthly check - which this DOES NOT. But it should be done in a way that benefits the most needy AND does not hasten the across-the-board cuts due to fund insolvency.

I think most of us object on 3 basic points:

1. It is done in a way that doesn't help the most needy, and the overall bill HURTS the most needy. Since it is a deduction to taxable income, it does NOTHING for those who already make so little they don't pay taxes. Meanwhile, it is offset (ostensibly) by CUTS that WILL impact those who are most needy in our society. And don't forget that the overall bill ADDS to the deficit. It is all smoke and mirrors to benefit the wealthiest, with a few crumbs thrown to demographics most likely to support Trump, while shafting the rest of the country.

2. It moves up the date when, unless something is done to push that date out, there will most likely be across-the-board cuts to payouts. Meaning, breaking the contract with folks like me, who are approaching retirement but will have most of our retirement years impacted by those looming cuts. If you are still drawing SS in 2032, it will reduce your income then, unless something is done. - the exact opposite of what you are positing this provision will do for you today. (Note, I opposed the SS "Fairness" Act for exactly these reasons as did CRFB. I did not object to Biden signing it once it passed, due to the politics of it. Again, it was an issue of who it helped vs. who it hurt - for some reason those who think they are helped, are not happy with those of us who are more concerned with those who are hurt.)

3. Probably the biggest general objection: The Trump administration, predictably, is being VERY MISLEADING about what this provision does. They did NOT stop taxation of SS benefits. They did NOT help most seniors, and in fact ultimately hurt us. But it is Trump, so they are lying. Of course. Do not believe the crap they are sending out, if it is coming from Trump, you can safely assume it is a LIE.