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5:16Now PlayingDonald trump supporters get seriously duped by the latest Trump scam to gain voters with claims that he will cut taxes on social security, which sounds positive but is actually not beneficial to the majority of Americans. John Iadarola breaks it down on The Damage Report.
Read more here:
Donald Trump Wants to Change Social Security Taxes
"Former President Donald Trump has called for major changes to Social Security taxes.
Trump, the Republican nominee for president, wrote on Truth Social: "SENIORS SHOULD NOT PAY TAX ON SOCIAL SECURITY!"
Seniors can start claiming Social Security benefits at age 62, with their benefits increasing every year they wait to claim until 70. However, a substantial portion of their earnings are taxed, lowering the monthly check many rely on as their full income.
If elected in November and able to implement these changes, Trump could massively impact the support seniors earn from their Social Security retirement benefits and the funding of the social safety net program."
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240801__DR07SocialSecurity
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