🇺🇸 THE GREAT TAX RESET: TRUMP UNVEILS HISTORIC CUTS FOR MIDDLE AMERICA
On May 8, 2025, Donald Trump dropped what he calls the “One Big, Beautiful Bill” — a bold tax reform package that could reshape the U.S. economy.
Key highlights: — No federal tax on tips — a direct boost for service workers
— No tax on Social Security — more income for retirees
— No tax on overtime — with deductions up to $10K (individuals) and $20K (couples)
— Plus, fresh breaks for the middle and working class
It’s paired with a push to extend the 2017 Tax Cuts and Jobs Act, set to expire soon. The goal? Stimulate spending, reward work, and shift power back to Main Street.
But here’s the catch:
Some GOP insiders warn of a growing federal deficit
Others question if the wealthy are still being shielded
Corporate tax rules like carried interest remain untouched (for now)
Trump’s stance: “It’s time for Main Street to WIN.”
To the #Binance and #Crypto community:
Is this a real win for the middle class — or just campaign optics?
How will this impact markets and consumer spending?