Trump, Beautiful Bill
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Both the tips and overtime deductions phase out at higher incomes. The range is wide for tips—$150,000 to $400,000 for single filers and $300,000 to $550,000 for joint filers. It differs slightly for overtime, from $150,000 to $275,000 for single filers and $300,000 to $550,000 for joint filers.
Santa Clara County officials fear that Republicans’ “big, beautiful bill” will rip a “seismic tear” in the country’s social safety net as they brace for more than $1 billion in lost federal revenues locally over the next few years.
The newly passed Big Beautiful Bill drives changes to individual benefits related to energy efficiency, including the repeal of green energy tax credits for energy vehicles (EVs). The Senate legislation,
The tax and spending package includes $66.4 billion in new money for programs assisting farmers, strengthening the safety net if there is significant volatility in crop prices and revenues.
Republicans' "big, beautiful bill" reinstated lower royalty rates for energy production, requires regular oil lease sales and phases out electric vehicle and clean energy tax credits
Arizonans will see major changes to Medicaid, tax cuts and food stamps after Trump's Big Beautiful Bill passed. The Gaggle dives into the details.
What do you think of President Donald Trump’s so-called “big, beautiful bill, which he signed into law on July 4 after narrow passage in the U.S. House and Senate.