Former President Donald Trump reaffirmed his commitment to abolish taxes on Social Security income for seniors during a speech in Wilkes-Barre, Pennsylvania, on Saturday.
During his remarks, Trump also took aim at Vice President Kamala Harris, accusing her of copying his pledge to remove taxes on tips.
“To get economic relief to workers and families, I will make the Trump tax cuts permanent, and we will have no tax on tips, which she copied,” Trump told the crowd. “You all know by now, she came out a few days ago and she said, ‘There will be no tax on…’ I said, ‘I said that months ago.’ But, here’s one that she hasn’t copied yet. To help seniors on fixed incomes who are suffering the ravages of horrible inflation caused by Crooked Joe and Kamala, there will be no tax on social security. And, I get it done. I will get it done. They won’t. They haven’t even promised it to you, but, they won’t get it done if they do.”
WATCH: President Trump promises to make Trump tax cuts permanent, implement no tax on tips, Social Security pic.twitter.com/lfXciNBk22
— RSBN 🇺🇸 (@RSBNetwork) August 17, 2024
The former president previously announced plans to eliminate taxes on Social Security income for seniors.
“SENIORS SHOULD NOT PAY TAX ON SOCIAL SECURITY!” the former president wrote in a post on Truth Social in July.
Kamala Harris released some of her campaign policies on Friday to fierce criticm from the media and economic experts.
On CNN International’s “First Move,” CNN Economics and Political Commentator, Washington Post columnist, and “PBS NewsHour” Special Correspondent Catherine Rampell expressed concerns about Harris’ proposed tax credit for first-time homebuyers, stating that it “is likely just going to get passed along in the form of higher prices” because of the limited housing supply.
“I’m more concerned about another policy that she had — she has released on housing to give first-time homebuyers, I think it was a $25,000 tax credit, which sounds nice, but demand is already really strong. If you do have constrained supply, that tax credit is likely just going to get passed along in the form of higher prices. It’s just going to make housing prices, … maybe not the full $25,000, but more expensive. It’s going to go into the pocket of sellers. So, subsidizing demand, not going to be super useful, but the supply stuff, if they can get it done, would be helpful.
