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Inside the Suits
The Internal Revenue Service building on Constitution Avenue in Washington, D.C.

Said the seniors' deduction "saved them an average of $7,500". The Treasury figure he cited is the average deduction, not the saving.

A deduction, counted as a saving
The record, Jul 2, 2026

The Treasury source he cited: "an average deduction of over $7,500". The deduction is capped at $6,000 a person.

The Treasury release of Jul 2, 2026, which the picture on his post gives as its source: "Over 35 million seniors have claimed the Enhanced Deduction for Seniors, with an average deduction of over $7,500." The same release puts the average tax cut at over $815 for filers earning $50,000 to $100,000, and over $1,250 for those earning $100,000 to $200,000. The IRS gives the deduction as $6,000 per eligible person, $12,000 for a couple who both qualify.

Treasury press release, "A Look at the First-Year Results of the Working Families Tax Cuts", and the IRS guidance on the deduction, Jul 2, 2026

An average deduction of $7,500, posted as an average saving of $7,500. On a deduction capped at $6,000 a person, nobody saves that much in tax.

He chairs the Ways and Means subcommittee that writes the tax code, and his post went up on Oct 8. The picture with it says "Over $7,500 in average savings" and cites "Treasury.Gov, July 2026".

Most of it is the Treasury's. Its release of Jul 2 says over 35 million seniors claimed the new deduction, and that 94 percent of them had incomes under $200,000. His post and his picture carry both figures correctly.

The $7,500 is the Treasury's too, but as something else. The release calls it "an average deduction of over $7,500". A deduction comes off income before the tax is worked out, so what it saves is the deduction times the tax rate on the last dollars of income. The release gives that saving separately, as an average tax cut across all the new deductions: over $815 for filers earning $50,000 to $100,000, over $1,250 for those earning $100,000 to $200,000. The Treasury's April release used the same words, "average deduction", for 30 million seniors.

The ceiling settles the arithmetic. The IRS puts the deduction at $6,000 for each eligible person, $12,000 for a married couple who both qualify, so an average of $7,500 is an average that includes couples. A couple deducting $12,000 saves a fraction of it.

The fair reading is a slip between two columns of the same table, not an invented number, and the deduction is real money to the people who claim it. The post was still up and unchanged when we read it again on Oct 22.

This is his first receipt here, and his own Treasury source is the document on the other side.

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