A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know ...

President Donald Trump first vowed to nix taxes on Social Security income during his campaign for the 2024 election.

The Social Security and Medicare Fair Share Act proposes targeting payroll tax loopholes for high-income earners.

Lawmakers on Capitol Hill are debating a new tax cuts bill that includes no taxes on tips and overtime, investment accounts ...

Trump has said for months that he wanted to end the federal income tax on Social Security benefits. About 6.3 million ...

Additionally, President Trump last month pushed Congress to approve a "big, beautiful" tax and spending bill that fulfills ...

The bill would impose payroll taxes on earnings above $400,000 ... to a 2.9 percent Medicare tax. The new legislation would eliminate the Social Security payroll tax exemption on high incomes ...

A Republican tax proposal could give people age 65 and older an additional deduction of $4,000 in a “senior bonus” that would ...

Republicans' “one big beautiful bill” would eliminate taxes on tips and overtime, give new cuts to seniors, and make interest ...

Donald Trump and the GOP's tax plan includes several provisions that benefit the rich and hurt the poor, while raising the national debt by trillions.

There were cheers when Republicans on the House Ways and Means Committee signed off on the GOP tax breaks bill after a ...