Talk of The Villages Florida - View Single Post - Latest tax changes in the BBB
View Single Post
 
Old 07-02-2025, 09:02 AM
Pat2015 Pat2015 is offline
Senior Member
Join Date: May 2016
Posts: 282
Thanks: 562
Thanked 292 Times in 140 Posts
Default

Quote:
Originally Posted by tophcfa View Post
The cynical part of me has me worried that this is a small bone that they are throwing out to seniors to soften the blow from future cuts to Medicare and/or Social Security benefits. I guess time will tell?
There are no proposed cuts to Medicare though the premiums will continue to increase as they have every year. There’s also no proposed cuts to SS though there are changes that include increasing the retitement age which has been done before, making more income eligible for SS taxes, and an increased vigilance of detecting fraud and prosecution for those who commit fraud. No party is cutting SS checks as that would be political suicide.