More than 51 million seniors would pay no taxes on Social Security income under the proposed “One Big, Beautiful Bill,” according to a new report Tuesday by the White House Council of Economic Advisers.  

The legislation includes the largest tax break in American history for seniors, according to the report, which means that “88% of seniors receiving Social Security benefits will pay no tax on their benefits under the OBBB [One Big, Beautiful Bill] as a result of their total deductions exceeding........

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