Senior Citizens Tax Elimination Act aims to repeal the inclusion of Social Security benefits in gross income.
The Senior Citizens Tax Elimination Act seeks to amend the Internal Revenue Code of 1986 to remove Social Security benefits from being included in gross income. The bill also appropriates funds to ensure Social Security trust funds are not negatively impacted by this change. It expresses the sense of Congress that tax increases will not be used to offset the revenue loss from this amendment.
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