Republicans Pass Budget Bill with 4 Major Tax Breaks

Reported 26 days ago

The recently passed Republican budget bill introduces significant tax breaks, including the elimination of federal taxes on tips and overtime for certain workers, a new $4,000 deduction for seniors, and the ability to deduct interest on auto loans, including recreational vehicles. While aimed at benefiting blue-collar and older voters, experts warn that these measures could complicate the tax code and result in potential inequities among workers.

Source: YAHOO

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