TRUMP'S TAX BOMBSHELL — Relief for the Working Class or Just Election Hype?
“No Taxes on Tips, Overtime, or Seniors” — Game-Changer or Political Theater?
$TRUMP 12.2 | +11.01% | May 8, 2025
Former President Donald Trump just rolled out what he’s calling the “BIGGEST tax cut in U.S. history” with his “One Big, Beautiful Bill.” It’s laser-focused on working Americans, and Wall Street is already feeling the ripple.
Key Features of the Plan:
No federal taxes on tips — a huge boost for service workers.
No taxes on overtime pay — with deductions up to $10K for individuals and $20K for couples.
No taxes on Social Security income — potentially game-changing for seniors.
2017 tax cuts locked in — doubling down on his pro-growth stance.
Market Buzz and Critics Weigh In:
While $TRUMP is pumping and Crypto Twitter is buzzing, some are raising eyebrows:
Carried interest loophole — still untouched, keeping some Wall Street elites smiling.
Deficit concerns — could this short-term win lead to long-term economic drag?
Trump’s Take:
“It’s time for Main Street to WIN.”
What’s Your Verdict?
Is this a genuine shift toward working-class power or just another election-year play? And if you’re holding $TRUMP, how high are you riding?