OPINION — I’d like to offer a rebuttal to a recent letter-writer’s effusive praise for Rep. Abe Hamadeh’s support/vote for the One Big Beautiful Bill — OBBB.
Congratulations to the writer and her husband, who are now paying no taxes on Social Security; however, please be aware this is only for the lowest income brackets: Married filing jointly pay no taxes under $32,000; for Individuals it’s under $25,000.
This is very significant for the low bracket Social Security earners, but for those earners exceeding these limits, up to 50% to 85% of their benefits may be taxable.