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Trump Proposes Ending Social Security Taxes as Election Debate Heats Up

Candidates' positions on Social Security and Medicare become central to voter decisions ahead of the presidential election.

  • Trump's plan to eliminate Social Security taxes could accelerate the depletion of the program's trust funds.
  • Experts warn that removing the tax would benefit higher-earning seniors more and potentially lead to cuts in benefits.
  • The proposal could increase federal deficits by up to $1.8 trillion through 2035.
  • Biden and Harris advocate for raising taxes on the wealthy to extend Social Security and Medicare solvency.
  • Voters overwhelmingly consider Social Security a key issue, with many basing their votes on candidates' stances.
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