US EditionEXCLUSIVE: Trump's 'One, Big, Beautiful Bill' Promises $6,400 Income Boost
- President Trump proposed tax cuts in the 'One, Big, Beautiful Bill' to continue the 2017 TCJA legacy in 2025.
- The bill builds on the TCJA, which reduced taxes broadly to support working families and generated notable wage and employment growth.
- The bill features measures that remove taxes on earnings from tips and overtime work, offer incentives to grow America's manufacturing sector, and strengthen benefits within Opportunity Zones.
- Data shows that after TCJA, typical family income rose $6,400, marking the fastest yearly growth, while nearly 7 million people exited poverty by 2019.
- The White House warns failure to pass the bill may cause a $4 trillion tax increase and recession risks with long-lasting harms for less-educated Americans.
11 Articles
11 Articles
Congress begins considering first federal AI regulations • Nebraska Examiner
A House committee met last week to discuss possible federal AI legislation, and debated a pending measure to preempt states from enacting their own regulations. (Photo by Jennifer Shutt/States Newsroom)In one of the first major steps in discussing widespread regulations for artificial intelligence legislation at the federal level, members of the House subcommittee on Commerce, Manufacturing and Trade met Wednesday to discuss the United States’ p…
What “Tax Cuts for the Rich?”
Here’s the rundown of which income groups get the largest and smallest tax cuts in the One Big Beautiful Bill. It’s from former House Ways and Means chief economist Don Schneider. This compares the current 2025 rates with the new proposal. Every income group gets another tax cut, with the biggest benefits going to the middle class. The top 1% about breaks even. So will the media stop shouting tax cuts for the rich? Yeah, right… The post What “Ta…
Does the AI Moratorium Present an Opportunity for Big Tech? A potential risk factor draft for Google
So imagine what the Really Big Tech AI platforms will say in their shareholder communications if the AI Safe Harbor Moratorium passes in the One Big Beautiful Bill Act. I can’t wait. They could just get naked and dance around a drum circle chanting WE’RE RICH! Or they could just let the lawyers have all the fun: Risk Factor – AI Moratorium as Strategic Opportunity A federal moratorium on state regulation of artificial intelligence may provide s…
Trump's Big Beautiful Bill: AI Regulation Ban? – Archyde: Latest World News, Economy, Entertainment, Health, Technology & Sports Updates
Archyde: Latest World News, Economy, Entertainment, Health, Technology & Sports Updates Federal Proposal Sparks Debate Over State Artificial Intelligence Regulations Table of Contents 1. Federal Proposal Sparks Debate Over State Artificial Intelligence Regulations 2. The Heart of the Matter: Federal Preemption… You can read the full story here: Trump’s Big Beautiful Bill: AI Regulation Ban?.
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