The bill makes Trump’s 2017 tax cuts permanent. It cuts taxes on tips and overtime. It also funds defense and deportation efforts.
Trump called it the largest tax cut ever. It protects 40 million families’ child tax credits. He predicts an economic “rocket ship.”
Treasury Secretary Scott Bessent praised the bill. It prevents a $4.5 trillion tax hike. Workers keep $4,000-$7,200 more annually.
The bill supports working-class Americans. No taxes on tips or overtime boost pay. A White House calculator shows personal savings.
Good Night, Patriots!
2 comments:
Now we can just get Florida to lower property taxes maybe things could get a little bit better for Americans!
I answered that under the Chief Financial Officer blog--
DeSantis has considered eliminating property taxes or a rollback but property taxes are local, not state. So we’d need to do a constitutional amendment (requires 60% of voters to approve) to eliminate them. Local governments depend on property taxes to run their cities and LW is worried about it.
Post a Comment