š„š±Trump Unveils āThe One Big, Beautiful Billā ā A Major Tax Reform for Middle America
On May 8, 2025, Donald Trump announced a sweeping tax proposal aimed at boosting the middle class and service workers. Key features include eliminating federal taxes on tips, seniorsā Social Security income, and overtime earnings. The plan also seeks to extend the 2017 Tax Cuts and Jobs Act. While Trump frames it as a win for Main Street, critics within his own party express concerns about the deficit and whether the plan favors the wealthy.
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