AR132

Urges President and Congress to exempt Social Security benefits from federal income tax.

The bill urges the President and Congress to exempt Social Security benefits from federal income tax. It notes that while 41 states and the District of Columbia do not tax Social Security benefits, the federal government does. The bill argues that exempting Social Security benefits from federal income tax would provide financial relief to many Americans, especially retirees and disabled workers, who rely heavily on these benefits. It also points out that the income thresholds for taxing Social Security benefits have not been adjusted for inflation since the 1990s.