social security, Child tax credit and Big Beautiful Bill
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Trump's big beautiful bill gets crucial vote to move on. What to know about reconciliation bill details: no tax on tips, overtime or Social Security.
Nixing income taxes was one of President Donald Trump's top policy promises during his 2024 election campaign.
6hon MSN
Highlights of the bill include a bigger SALT deduction, cuts to Medicaid, and tax breaks on tipped wages. Here’s how it may impact you.
Not all the Trump promises to cut tax on tips, overtime and Social Security made it into the proposed tax bill—and those provisions that did make it in are temporary.
Seniors are unlikely to get a break on paying taxes on their Social Security benefits, an issue that impacts more people each year.
What happened to no tax on social security benefits? This tax plan was pushed through in a different legislative process. Trump has long promised it.
Proposed changes making their way through Congress would benefit many employees, but some details are still in flux.
An Ohio bill proposes exempting tips from state and local income taxes. The proposal mirrors federal discussions on eliminating taxes on tips. Supporters say it would benefit workers, while critics question reporting practices and advocate for better base wages.