His latest pitch reportedly calls to end taxes for individuals earning less than $150,000 a year. “I know what his goal is — no tax for anybody making under $150,000 a year,” Commerce Secretary Howard Lutnick told CBS News.

President Donald Trump’s plan to eliminate federal taxes on Social Security benefits sounds simple: cut taxes so older adults keep more of their money. However, the plan is controversial because of its potential impact on the Social Security Trust Fund and the primary beneficiaries of the tax cut.