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Tax Breaks: The Tax Community Talks About The One Big Beautiful Bill Act Edition

Summary by Forbes
Plus: Social Security ends paper checks, Live Aid, changes to Forms 1099, filling out Form W-9, national debt costs, filing deadlines, tax trivia, and more.

4 Articles

Baptised with emphasis One Big Beautiful Bill, it piles tax cuts, budget cuts and all-out stimulus. At first glance, a liberal dream. In reality? A cash machine for the richest, a risky bet on future growth... and a shock wave that won't save the European markets. America chooses recovery costs at all costs At the heart of the reform: a massive reduction in corporate tax, a reduction in income tax for the most affluent, and a cascade of tax cred…

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TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auc broke the news in on Friday, July 18, 2025.
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