Decoding the OBBBA: Fact-Checking Claims on America's Tax Landscape President Trump touted the One Big Beautiful Bill Act (OBBBA) as the largest tax cut in U.S. history, but data shows Reagan's 1981 act had a bigger revenue impact (-2.89% vs. -1.4%). cbsnews.com This intriguing bill exempts tips, overtime, and Social Security benefits from taxes, aiming to support working Americans and seniors. irs.gov What could OBBBA's long-term effects be on the economy? #TaxPolicy #EconomicInsights #FinanceT
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IRS Schedule 1-A explained: How to claim tax breaks for tips, overtime, car loans, and seniors
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557 reactions · 227 shares | Thanks to a new law you could be forced...
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Tax year 2025 brings major changes, including tax exemptions on tips and overtime through 2028, plus a new $6,000 deduction for seniors. Experts say there’s still time to maximize deductions by boosting retirement and HSA contributions, logging expenses, and using available credits before year’s end as the IRS treats 2025 as a transition year. | Scripps News
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FIRE THE IRS AGENTS AND GIVE THE MONEY BACK TO AMERICANS. VP Nominee JD Vance on NO TAX ON TIPS! | America's Voice News
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7 Big Tax Breaks for Retirees
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