President Trump is pushing for tax exemptions on tips and overtime pay to win over working-class voters. Congress is moving closer to making this a reality, despite concerns over the budget and labor market implications.
House Republicans are at odds over increasing the SALT deduction cap, potentially benefiting millions of taxpayers. Will a compromise be reached to raise it to $40,000? Discover the implications for high-income households and the ongoing political battle.
The One Big Beautiful Bill Act proposed by Trump promises tax cuts but reveals a stark divide between high earners and low-income households. Discover the winners and losers in this controversial legislation!
In a surprising unanimous vote, the Senate passed the No Tax on Tips Act, aiming to eliminate federal income tax on cash tips for eligible workers. What does this mean for your finances? Discover the implications and potential benefits!
Speaker Mike Johnson negotiates a significant increase in the SALT deduction cap to $40,000, aiming to unite moderate Republicans and address concerns from hardline conservatives.
Get ready for potential tax savings! House Republicans unveil a new tax package that could keep tax breaks intact and provide additional relief for families, seniors, and workers. Find out how this affects you!
