President Donald Trump has announced the passage of a major legislative package he refers to as the "One Big Beautiful Bill," which includes making the Trump tax cuts permanent and eliminating taxes on tips and overtime pay. The bill also provides relief for over 2 million family farms by exempting them from the estate tax, commonly known as the death tax. Trump has repeatedly stated that the bill eliminates taxes on Social Security benefits for seniors. However, this claim has been disputed. The Social Security Administration (SSA) sent emails to beneficiaries suggesting that most recipients will no longer pay federal income taxes on their Social Security benefits under the new law, but this has been characterized as misleading since Congress did not directly exempt Social Security income from taxation. The bill also includes a temporary deduction for seniors earning up to $75,000 individually or $150,000 jointly, increased child tax credits, and an expanded state and local tax (SALT) deduction. Despite the administration's claims, independent analysis indicates that the tax treatment of Social Security benefits remains largely unchanged by the legislation.