Who Gets What in the GOP Tax Bill

No tax on tips, child tax credit and business tax cuts survive in big House GOP bill • Idaho Capital Sun

A measure passed by the U.S. House Ways and Means Committee allows individual taxpayers such as waiters and waitresses to deduct qualifying tips earned throughout the year, a tax break that would end in 2028. (Getty Photos)WASHINGTON — House Republicans advanced the tax portion of the “one big, beautiful” reconciliation package early Wednesday, a step forward in permanently extending, and in some cases expanding, the 2017 tax law and temporarily…

No tax on tips, child tax credit and business tax cuts survive in big House GOP bill • Nebraska Examiner

A measure passed by the U.S. House Ways and Means Committee allows individual taxpayers such as waiters and waitresses to deduct qualifying tips earned throughout the year, a tax break that would end in 2028. (Getty Photos)WASHINGTON — House Republicans advanced the tax portion of the “one big, beautiful” reconciliation package early Wednesday, a step forward in permanently extending, and in some cases expanding, the 2017 tax law and temporarily…

No tax on tips, child tax credit and business tax cuts survive in big House GOP bill • Wisconsin Examiner

A measure passed by the U.S. House Ways and Means Committee allows individual taxpayers such as waiters and waitresses to deduct qualifying tips earned throughout the year, a tax break that would end in 2028. (Getty Photos)WASHINGTON — House Republicans advanced the tax portion of the “one big, beautiful” reconciliation package early Wednesday, a step forward in permanently extending, and in some cases expanding, the 2017 tax law and temporarily…

No tax on tips, child tax credit and business tax cuts survive in big House GOP bill • Minnesota Reformer

A measure passed by the U.S. House Ways and Means Committee allows individual taxpayers such as waiters and waitresses to deduct qualifying tips earned throughout the year, a tax break that would end in 2028. (Getty Photos)WASHINGTON — House Republicans advanced the tax portion of the “one big, beautiful” reconciliation package early Wednesday, a step forward in permanently extending, and in some cases expanding, the 2017 tax law and temporarily…

House GOP bill proposes a number of new tax cuts. Here's how that could impact your money.

A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know.

Who Gets What in the GOP Tax Bill

Wall Street Journal: “For the top sliver of taxpayers, it gives a permanent extension and expansion of expiring tax cuts from 2017, coupled with some new limits.” “Middle-income households would get permanent tax-cut extensions, too. They would also gain temporary tax cuts, including a larger standard deduction and child tax credit and targeted benefits for senior citizens and people receiving tips and overtime pay.” “There is relatively little …