HR 4865 - Social Security Benefits Tax Relief bill - National Key Vote

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Title: Social Security Benefits Tax Relief bill

Vote Smart's Synopsis:

Vote to pass a bill that lowers the percentage of Social Security benefits subject to taxation from 85% to 50% for eligible retirees.

Highlights:

  • Declares that single taxpayers with annual incomes over $25,000 and married couples with annual incomes over $32,000 are eligible for the tax rate reduction.

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