Currently, out of the 58.8 million seniors who are at least 65 years old who receive Social Security income, 64 percent do not have to pay tax on these benefits, according to the report.
Once the OBBB comes into effect, 88 percent of such individuals won’t have to pay taxes on their benefits.
Read the entire article: SSA Expects Megabill to Remove Tax for Nearly 90 Percent of Social Security Beneficiaries | The Epoch Times