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For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in the $50,000 to $100,000 range, shielding $12,500 in overtime or $25,000 in ...
President Donald Trump's "big, beautiful bill" has passed the House of Representatives in a major win for the White House.
The Senate passed President Trump’s “Big Beautiful Bill” July 1, giving the president his most significant legislative victory in his second term.
The final version of the bill will allow workers to deduct up to $25,000 in tips and up to $12,500 ($25,000 in the case of a ...
Rep. Alexandria Ocasio-Cortez (D-NY) took to the House floor on Wednesday to express her outrage at the "No Tax On Tips" part ...
The ‘Big, Beautiful Bill’ has passed Congress and awaits President Trump’s signature. The sweeping legislation could reshape ...
Donald Trump’s One Big Beautiful Bill Act represents the largest upward transfer of wealth and includes the largest cuts to ...