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I represent more Social Security recipients than any congressional district in America, so I asked Treasury Secretary Scott Bessent what this tax relief means for seniors living on fixed incomes… The average deduction is $7,500, and the majority of those benefiting make less than $200,000 a year. That's real... show more

Congressman Greg Steube

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89,204 görüntüleme • 2 ay önce •via X (Twitter)

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Nearly 70% of seniors who claimed the $6,000 bonus deduction I got included in the Working Families Tax Cuts make less than $100,000 a year. Thank you, Treasury Secretary Scott Bessent, for fighting for middle-class Americans who have spent decades saving every penny they can for retirement.

Nearly 70% of seniors who claimed the $6,000 bonus deduction I got included in the Working Families Tax Cuts make less than $100,000 a year. Thank you, Treasury Secretary Scott Bessent, for fighting for middle-class Americans who have spent decades saving every penny they can for retirement.

Sen. Marsha Blackburn

51,347 görüntüleme • 2 ay önce

Historic tax relief is here this Tax Day! From major Social Security tax cuts for seniors to no taxes on tips and overtime for working families, the Trump Tax Cuts are helping Americans keep more of what they earn. Republicans put MORE in your pocket. LESS to the IRS. That's putting Americans FIRST.

Historic tax relief is here this Tax Day! From major Social Security tax cuts for seniors to no taxes on tips and overtime for working families, the Trump Tax Cuts are helping Americans keep more of what they earn. Republicans put MORE in your pocket. LESS to the IRS. That's putting Americans FIRST.

Byron Donalds

18,931 görüntüleme • 4 ay önce

"This is a great day for the American people." Treasury Secretary Scott Bessent with the stats on how the American people are taking advantage of President Trump's tax cut: — Over 6 million filers have claimed No Tax on Tips, with an average deduction of over $7,100. — Over 25 million filers have claimed No Tax on Overtime, with an average deduction of over $3,100. — Over 30 million seniors have claimed the Enhanced Deduction for Seniors, with an average deduction of over $7,500. — Over 1 million filers have deducted No Tax on Car Loan Interest on their new American vehicles, with an average deduction of over $1,800.

"This is a great day for the American people." Treasury Secretary Scott Bessent with the stats on how the American people are taking advantage of President Trump's tax cut: — Over 6 million filers have claimed No Tax on Tips, with an average deduction of over $7,100. — Over 25 million filers have claimed No Tax on Overtime, with an average deduction of over $3,100. — Over 30 million seniors have claimed the Enhanced Deduction for Seniors, with an average deduction of over $7,500. — Over 1 million filers have deducted No Tax on Car Loan Interest on their new American vehicles, with an average deduction of over $1,800.

Rapid Response 47

36,899 görüntüleme • 4 ay önce

"What percent of tax filers who received a tax cut in filing season earned less than $100,000?" Treasury Secretary Scott Bessent: "Just over 70 percent, sir." "70 percent!" President Trump's tax cut provided historic relief to working and middle class American families.

"What percent of tax filers who received a tax cut in filing season earned less than $100,000?" Treasury Secretary Scott Bessent: "Just over 70 percent, sir." "70 percent!" President Trump's tax cut provided historic relief to working and middle class American families.

Rapid Response 47

158,641 görüntüleme • 2 ay önce

.Treasury Secretary Scott Bessent: This is a home run in terms of what's happening with these folks. We expect that there are many filers who have used more than one of those 4 signature tax cuts — No Tax on Tips, Overtime, Social Security, American-made Car Loan Interest.

.Treasury Secretary Scott Bessent: This is a home run in terms of what's happening with these folks. We expect that there are many filers who have used more than one of those 4 signature tax cuts — No Tax on Tips, Overtime, Social Security, American-made Car Loan Interest.

Rapid Response 47

31,294 görüntüleme • 4 ay önce

Thanks to House Republicans, every family will keep more of what they earned and receive the biggest tax refunds in history this year, including seniors who will see $6,000 in tax relief. ✅ Bigger paychecks ✅ Bigger tax refunds ✅ Bigger opportunies

Thanks to House Republicans, every family will keep more of what they earned and receive the biggest tax refunds in history this year, including seniors who will see $6,000 in tax relief. ✅ Bigger paychecks ✅ Bigger tax refunds ✅ Bigger opportunies

Mike Johnson

14,598 görüntüleme • 6 ay önce

The Working Families Tax Cuts were written for hardworking Americans who deserve to keep more of what they earn. I caught up with Uber Eats driver Bob Mitchell, one of the millions of Americans who benefits from the No Tax on Tips provision. Every single Democrat voted against allowing workers to keep more of their money. Republicans are delivering real relief for the American people.

The Working Families Tax Cuts were written for hardworking Americans who deserve to keep more of what they earn. I caught up with Uber Eats driver Bob Mitchell, one of the millions of Americans who benefits from the No Tax on Tips provision. Every single Democrat voted against allowing workers to keep more of their money. Republicans are delivering real relief for the American people.

Speaker Mike Johnson

61,230 görüntüleme • 4 ay önce

I’ve focused on working families and doing more Made-in-America. This year, Americans will see thousands of dollars returned to them because of the Working Families Tax Cuts, which includes no tax on tips, no tax on overtime, and a tax break for seniors on social security.

I’ve focused on working families and doing more Made-in-America. This year, Americans will see thousands of dollars returned to them because of the Working Families Tax Cuts, which includes no tax on tips, no tax on overtime, and a tax break for seniors on social security.

Senator Jon Husted

39,515 görüntüleme • 6 ay önce

.Karoline Leavitt: A little more than a year after President Trump signed the Working Families Tax Cuts into law, this historic legislation continues to deliver on its promise, unleashing a genuine boom for American workers, families, and small businesses. The numbers speak for themselves. This was the biggest tax refund season in American history with the average refund exceeding $3,400, an 11% increase over the last year. American families and workers claimed $82 billion in direct tax relief and 97% of filers received a tax cut. More than 29 million workers claimed No Tax on Overtime. More than 35 million seniors claimed No Tax on Social Security, and nearly eight million workers claimed No Tax on Tips. Thanks to the other pro-growth provisions in the Working Families Tax Cuts, like making the 20% small business tax deduction permanent and delivering 100% expensing for new factories, equipment and research, the Trump administration is setting up American manufacturers and workers to thrive like never before.

.Karoline Leavitt: A little more than a year after President Trump signed the Working Families Tax Cuts into law, this historic legislation continues to deliver on its promise, unleashing a genuine boom for American workers, families, and small businesses. The numbers speak for themselves. This was the biggest tax refund season in American history with the average refund exceeding $3,400, an 11% increase over the last year. American families and workers claimed $82 billion in direct tax relief and 97% of filers received a tax cut. More than 29 million workers claimed No Tax on Overtime. More than 35 million seniors claimed No Tax on Social Security, and nearly eight million workers claimed No Tax on Tips. Thanks to the other pro-growth provisions in the Working Families Tax Cuts, like making the 20% small business tax deduction permanent and delivering 100% expensing for new factories, equipment and research, the Trump administration is setting up American manufacturers and workers to thrive like never before.

Treasury Department

42,134 görüntüleme • 28 gün önce

Today, Speaker Craig J. Coughlin, Senate President Nick Scutari, and I announced a plan to provide historic property tax relief for our seniors. This extra money goes a long way – especially if you're a senior living on a fixed income and seeing prices rise.

Today, Speaker Craig J. Coughlin, Senate President Nick Scutari, and I announced a plan to provide historic property tax relief for our seniors. This extra money goes a long way – especially if you're a senior living on a fixed income and seeing prices rise.

Governor Phil Murphy

62,636 görüntüleme • 3 yıl önce

Rep. Richard Neal: The average benefit is $24,000. That means half the people who get Social Security get less than $24,000 a year. That's less than 400 bucks a week. So for me, not a dime to be cut from Social Security, not a dime.

Rep. Richard Neal: The average benefit is $24,000. That means half the people who get Social Security get less than $24,000 a year. That's less than 400 bucks a week. So for me, not a dime to be cut from Social Security, not a dime.

Social Security Works ❌👑

981,965 görüntüleme • 1 yıl önce

For decades, our seniors have worked hard, paid their taxes, and built their homes—brick by brick, year by year. I believe that once you reach 75 years of age, have lived in your home for 10 years or more, or have paid off your home, you should not be forced to keep paying property taxes just to stay under your own roof. That’s why I am fighting for property tax relief legislation to give our seniors the security and peace of mind they deserve. No senior should have to worry about losing their home after a lifetime of hard work and sacrifice. It’s time to honor our seniors—not burden them.

For decades, our seniors have worked hard, paid their taxes, and built their homes—brick by brick, year by year. I believe that once you reach 75 years of age, have lived in your home for 10 years or more, or have paid off your home, you should not be forced to keep paying property taxes just to stay under your own roof. That’s why I am fighting for property tax relief legislation to give our seniors the security and peace of mind they deserve. No senior should have to worry about losing their home after a lifetime of hard work and sacrifice. It’s time to honor our seniors—not burden them.

Senator Doug Mastriano

53,655 görüntüleme • 4 ay önce

.Treasury Secretary Scott Bessent says 7 million Trump Accounts have already been opened since their launch: "More than 90% of the households signing up make less than $200K, so these are likely people who don't already have a piece of the action." 🇺🇸

.Treasury Secretary Scott Bessent says 7 million Trump Accounts have already been opened since their launch: "More than 90% of the households signing up make less than $200K, so these are likely people who don't already have a piece of the action." 🇺🇸

Rapid Response 47

67,677 görüntüleme • 14 gün önce