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.