US EditionRiley Moore: Big Beautiful Bill Delivers for West Virginia (Opinion)
- The final version of President Trump's One Big Beautiful Bill introduces various tax policy changes effective immediately after his signing.
- The legislation raises the standard deduction for individuals to $15,750 and for married couples to $31,500, effective in 2025.
- The Child Tax Credit will increase from $2,000 to $2,200 per child starting in 2025 and is indexed for inflation.
- The bill includes substantial modifications benefiting middle-class taxpayers, including a $25,000 deduction for tips and $10,000 for auto loan interest.
8 Articles
8 Articles
How does the 'big, beautiful bill' help middle-class taxpayers?
Republican lawmakers last week managed to overcome narrow majorities in the House and Senate to pass the One Big Beautiful Bill Act — a package of tax and spending reforms the Trump administration made a priority upon the start of the president's second term.The bill addressed a wide range of tax and spending policies, though its main focus was on the extension of provisions within the Tax Cuts and Jobs Act of 2017 that were set to expire at the…
Riley Moore: Big Beautiful Bill delivers for West Virginia (Opinion)
West Virginians demanded generational change in November after years of mass migration, inflation and progressive insanity. They demanded a secure border, lower costs and a return to commonsense. This past Friday, on our nation’s 249th Independence Day, President Donald Trump…
Ten Tax Cuts that Made it Into Trump's Big Beautiful Bill
There is a lot of tax relief in President Trump’s “Big Beautiful Bill” for the people of America. There are ten in particular that’ll be a great help to the Middle-Classes. Reducing Taxes on Tips The bill reduces taxes on tips in service industries through 2028 by allowing those workers to deduct up to $25,000 […] The post Ten Tax Cuts that Made it Into Trump’s Big Beautiful Bill appeared first on The Lid.
10 Tax Policies That Made It into Final Version of 'One Big Beautiful Bill' Trump Signed into Law - The Virginia Star
by Nicholas Ballasy The final version of President Trump’s “One Big Beautiful Bill” contains a series of tax policy changes that are taking effect now that Trump has signed the legislation into law. The impact of some of the changes will be seen from Main Street to Wall Street. Reducing Taxes on Tips The bill reduces taxes on tips in service industries through 2028 by allowing those workers to deduct up to $25,000 a year of income derived fro…
10 Tax Policies That Made It into Final Version of ‘One Big Beautiful Bill’ Trump Signed into Law | The Star News Network
by Nicholas Ballasy The final version of President Trump’s “One Big Beautiful Bill” contains a series of tax policy changes that are taking effect now that Trump has signed the legislation into law. The impact of some of the changes will be seen from Main Street to Wall Street. Reducing Taxes on Tips The bill reduces taxes on tips in service industries through 2028 by allowing those workers to deduct up to $25,000 a year of income derived fro…
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