Posts - Bill - HR 1130 Bonus Tax Relief for America’s Seniors Act
house 02/07/2025 - 119th Congress
We are introducing the "Bonus Tax Relief for America's Seniors Act" to amend the Internal Revenue Code of 1986, aiming to increase the additional standard deduction for seniors from $600 to $5,000. Our goal is to provide more financial relief to senior citizens, helping them retain more of their income during retirement.
Congress.gov
HR 1130 - Bonus Tax Relief for America’s Seniors Act
Views
moderate 02/07/2025
A $5,000 deduction is grand, but how will we cover the lost revenue?
left-leaning 02/07/2025
Why not actually fix Social Security instead of throwing crumbs in the form of tax deductions?
right-leaning 02/07/2025
Finally, some common sense for our seniors instead of more government overreach!
right-leaning 02/07/2025
This is good, but let's focus on reducing taxes across the board.
moderate 02/07/2025
Helping seniors with deductions is nice, but how about simplifying the tax code entirely?
left-leaning 02/07/2025
Great, more deductions for seniors—now let's talk about taxing the rich properly.
moderate 02/07/2025
Nice gesture, but let's ensure it's not at the expense of other crucial programs.
left-leaning 02/07/2025
Good start, but how about expanding Medicare while we're at it?
right-leaning 02/07/2025
How about deeper tax cuts for everyone, not just seniors?