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cover of episode No tax on Social Security? Not quite.

No tax on Social Security? Not quite.

2025/7/2
logo of podcast Marketplace Morning Report

Marketplace Morning Report

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People
D
David Brancaccio
H
Hugo Remy
K
Kerry Nicholson
M
Matt Johnson
N
Nancy Marshall-Genzer
S
Susan Schmidt
T
Tim Noblett
Topics
David Brancaccio: 特朗普总统声称新的立法将取消社会保障福利的税收,但实际情况远比这复杂。我们需要仔细分析这项税收政策的细节,以了解它对不同收入水平的老年人的真正影响。这项政策的改变可能会对社会保障体系的长期可持续性产生重大影响,因此我们需要全面评估其潜在的财政风险。作为一名新闻工作者,我认为有责任揭示真相,确保公众能够充分了解这项政策的利弊,从而做出明智的判断。 Nancy Marshall-Genzer: 新的立法为65岁以上的老年人提供了一项临时的额外税收减免,参议院版本为6000美元,众议院版本为4000美元。这项减免适用于老年人的所有收入,而不仅仅是社会保障金。然而,这项减免会随着高收入纳税人的收入增加而逐步减少。最低收入的老年人实际上不会受到影响,因为他们本来就无需为社会保障福利缴税。这项法案可能会加速社会保障和医疗保险的破产,导致所有福利削减约24%。

Deep Dive

Chapters
The House is voting on a bill that includes a new temporary tax deduction for seniors, impacting how much they pay in taxes on Social Security benefits. While many seniors may see tax relief, the bill's impact on Social Security's solvency is a concern. The bill could speed up the insolvency of Social Security and Medicare.
  • New temporary tax deduction for seniors over 65.
  • Deduction amount varies between House and Senate versions.
  • 88% of seniors may not pay taxes on benefits if the bill passes.
  • Potential to accelerate Social Security and Medicare insolvency.

Shownotes Transcript

The House of Representatives could vote as soon as today on President Donald Trump’s big tax and spending bill. Trump says the legislation gets rid of taxes on Social Security benefits, but it’s not quite that simple. We'll unpack. Then, we’ll discuss this morning’s surprisingly weak private payroll data. And, we'll travel to London ahead of the city's Pride festival, which has been hit by declining corporate sponsorship.