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The bill rolls back many of the clean energy tax incentives and investments created by the 2022 Inflation Reduction Act, throwing a major roadblock in the way of combating climate change. Since ...
General tax provisions At the heart of the bill is a roughly $4 trillion tax cut that extends the cuts Republicans passed in 2017. Without this extension, most Americans would see a tax increase.
The "no tax on tips" provision in the spending bill creates a new deduction for tipped workers, eliminating what they owe in federal income tax. Tipped workers still have to pay state and local ...
Here's what to know about a potential stimulus check in 2025. Is there a stimulus check in the Trump mega-bill? No. The legislation, dubbed the "big beautiful bill," will touch nearly every aspect ...
Washington – President Donald Trump’s big bill to enact a sweeping domestic policy agenda won final approval in the House of Representatives on Thursday after an all-night session in which ...
In a sweeping new fiscal package, lawmakers have unveiled a major overhaul of tax policy, federal spending, and entitlement programs. Here's a breakdown of what’s in the plan.
These are the 5 Republicans who voted against Trump’s ‘Big Beautiful Bill’ Updated: Jul. 03, 2025, 2:35 p.m. | Published: Jul. 03, 2025, 2:34 p.m.
Big Beautiful Bill: The tax credit for auto loans phases out for incomes between $100,000 and $150,000 for an individual and between $200,000 and $250,000 if you file jointly.
This article was updated on July 5 with Trump signing the bill WASHINGTON — President Trump on Friday signed his landmark tax bill, setting in motion transformational health care provisions.
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