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Bullish
🇧🇷 THE GREAT TAX RESET: TRUMP'S BOLD ACTION FOR CENTRAL AMERICA
On May 8, 2025, Donald Trump announced what he calls the largest tax cut in U.S. history — a comprehensive initiative titled “A Great and Beautiful Law.” His message is clear: the American economy is on the brink of a historic boom, and this legislation is designed to ensure it benefits ordinary citizens, not just the elite.
The proposal includes:
— No federal tax on tips — aimed at directly benefiting service workers.
— No tax on Social Security income for the elderly — a relief for retirees.
— No tax on overtime — with deductions of up to $10,000 for individuals and $20,000 for couples.
— And more tax exemptions targeted at the middle class and working class.
This move is also synchronized with Trump's push to extend the Tax Cuts and Jobs Act of 2017, which is set to expire. The strategy? To increase consumption, reward work, and return economic power to Main Street.
But not everyone is cheering. Some within the GOP are concerned about the growing deficit. Others raise eyebrows about whether this plan truly helps the working class or cleverly protects wealthy interests. The debate also revolves around whether corporate tax rules, such as capital gains, will remain untouched — a topic that divides Republicans.
Still, Trump stands firm: “It’s time for Main Street to WIN.”
For the #AMAGE community:
Do you see this as a true rebirth of the middle class — or a campaign move that draws disguised attention?
$BTC
On May 8, 2025, Donald Trump announced what he calls the largest tax cut in U.S. history — a comprehensive initiative titled “A Great and Beautiful Law.” His message is clear: the American economy is on the brink of a historic boom, and this legislation is designed to ensure it benefits ordinary citizens, not just the elite.
The proposal includes:
— No federal tax on tips — aimed at directly benefiting service workers.
— No tax on Social Security income for the elderly — a relief for retirees.
— No tax on overtime — with deductions of up to $10,000 for individuals and $20,000 for couples.
— And more tax exemptions targeted at the middle class and working class.
This move is also synchronized with Trump's push to extend the Tax Cuts and Jobs Act of 2017, which is set to expire. The strategy? To increase consumption, reward work, and return economic power to Main Street.
But not everyone is cheering. Some within the GOP are concerned about the growing deficit. Others raise eyebrows about whether this plan truly helps the working class or cleverly protects wealthy interests. The debate also revolves around whether corporate tax rules, such as capital gains, will remain untouched — a topic that divides Republicans.
Still, Trump stands firm: “It’s time for Main Street to WIN.”
For the #AMAGE community:
Do you see this as a true rebirth of the middle class — or a campaign move that draws disguised attention?
$BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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