Trump, One Big Beautiful Bill
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Senior citizens are getting a tax break in President Donald Trump’s sweeping tax and spending cuts package, but it’s not the one the president promised on the campaign trail last year.
Trump's tax and spending law will impact education savings, gambling losses and tips. Here's a breakdown of the highlights.
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President Donald Trump ’s ‘big beautiful bill’ delivers a temporary higher limit on the federal deduction for state and local taxes, known as SALT. But the phaseout, or income-based benefit reduction, could trigger a tax surprise for some higher earners, experts say.
The tax code is becoming charitable to many more donors thanks to changes in the new tax and spending law. That’s going to help nonprofit organizations that rely on donations, and also everyday Americans who are navigating new tax-code complexities within the One Big Beautiful Bill Act that President Donald Trump signed into law on July 4.
President Trump's 'big beautiful bill' will provide a boost to the economy in the near term but just a tiny bump over the long run, forecasters say.
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Money Talks News on MSNTrump Tax Bill Contains No Election-Canceling Powers Despite Social Media ClaimsLegal experts confirm Trump's tax legislation contains no provisions allowing presidential control over federal election timing or cancellation.
The 900-page tax and policy package fulfills several key campaign promises but also makes cuts that could boot millions from health care and food assistance programs.
Here’s what polls showed of Trump's approval rating after the president’s mega tax and spending bill was passed by Congress and signed into law.