$TRUMP 'S TAX TSUNAMI: “NO TAX ON TIPS, OVERTIME & SENIORS” — REAL RELIEF OR CAMPAIGN HYPE?
May 8, 2025 — Former President Donald Trump just dropped what he calls the “biggest tax cut in U.S. history”. Branded as “The One Big, Beautiful Bill,” the proposal is tailor-made for Middle America — and it’s already shaking up Wall Street and crypto Twitter.
Key highlights:
$0 federal tax on tips — Big win for service workers.
No tax on Social Security income — Seniors breathe easier.
No tax on overtime — Up to $10K deduction for individuals, $20K for couples.
More breaks aimed squarely at the middle class.
The bill also tries to lock in Trump’s 2017 tax cuts before they expire — aiming to spark consumption, reward hustle, and boost the real economy.
But not everyone's bullish. GOP insiders warn about surging deficits. Critics say the bill’s fine print may quietly shield top earners, leaving Main Street holding the bag. The carried interest loophole? Still untouched.
$TRUMP ’s message? “It’s time for Main Street to WIN.”
To the Binance Square community: Is this a real pivot to working-class power — or just election-year fireworks?
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