President Donald Trump’s “big beautiful bill” provides relief to certain Social Security beneficiaries who pay taxes on their benefits.
But it doesn’t eliminate those levies entirely.
Now, Sen. Ruben Gallego, D-Arizona, introduced a bill on Thursday — titled the You Earn It, You Keep it Act — to eliminate taxes on Social Security benefits. A House version of the bill was introduced by Rep. Angie Craig, D-Minnesota, in April.
Gallego’s bill would permanently eliminate federal taxes on Social Security benefits.
It would also expand the Social Security payroll tax to apply to annual earnings over $250,000. Currently, the maximum earnings subject to Social Security payroll taxes is $176,100 in 2025. Consequently, high earners may only pay into the program for part of the year.
