House GOP reveals Trump’s tax breaks for tips, overtime and car loans, but costs run high

House GOP reveals Trump’s tax breaks for tips, overtime and car loans, but costs run high

The sweeping tax provisions would be partly paid for with reductions to Medicaid, food stamps and green energy programs used by millions of Americans.

GOP Tax Bill: No tax on tips & overtime, higher tax on elite colleges, 5% tax on immigrant remittances – Key takeaways

House Republicans unveiled the tax plan in Donald Trump’s “One Big, Beautiful Bill,” featuring tax breaks on tips, overtime, and auto loans, a $4,000 senior bonus, higher levies on elite universities, and a 5% tax on remittances. EV and green energy credits would be scrapped.

SALT, Tips and Auto Loans: A Guide to the House GOP Tax Bill

House Republicans’ release of the tax provisions in their massive fiscal bill provides a crucial initial reading of what party leaders think could pass, culminating weeks of intense negotiations among fractious GOP lawmakers.

GOP tax bill prioritizes Trump campaign vows, increases SALT

Campaign pledges like no taxes on tips and overtime pay, plus new tax breaks for car buyers and seniors, are the centerpiece of a multitrillion-dollar package.

GOP, Dems to square off over Trump’s sweeping tax plan in high-stakes meeting today

The House committee tasked with writing the U.S. tax code is meeting on Tuesday afternoon to advance one of the most significant portions of President Donald Trump‘s “big, beautiful bill.” A sweeping piece of legislation unveiled by the House Ways & Means Committee on Monday would follow through on Trump’s campaign promises to eliminate taxes on tips and overtime pay, as well as permanently extending the president’s 2017 Tax Cuts and Jobs Act (T…

The Republicans in the U.S. House of Representatives presented yesterday a tax plan with a list of priorities for obtaining new income, which includes a 5% special tax on sending remittances to people abroad. The proposal has exceptions, including some payments sent by U.S. citizens. The initiative published yesterday by the House's Resource and Arbitrian Committee, detailed how Republicans try to keep their President Donald Trump's campaign pro…