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The Big Beautiful Bill Brings Big Changes For Taxpayers


Authored by Sandra Block via Kiplinger's Perosnal Finance,

The One Big Beautiful Bill Act, signed by President Trump on July 4, includes tax breaks for an expansive range of taxpayers, while scrapping credits for energy-saving vehicles and home improvements.

More broadly, the legislation makes the tax cuts in the 2017 Tax Cuts and Jobs Act permanent, which means tax rates won’t increase after 2025. Here’s a look at how other provisions in the bill could affect your taxes.

User Comments

First, they don't have my permission to do any of this.

Second, this is how the US economy has worked for the last 50 or so years. Jobs aren't created. There is no utility. They (we) get $3 in debt to make $1 in revenue - or worse. There is no growth and no prosperity. Only an ever increasing debt.

Except instead of the bubble bursting, we go to war. Or have ourselves a pandemic.
First, they don't have my permission to do any of this.

Second, this is how the US economy has worked for the last 50 or so years. Jobs aren't created. There is no utility. They (we) get $3 in debt to make $1 in revenue - or worse. There is no growth and no prosperity. Only an ever increasing debt.

Except instead of the bubble bursting, we go to war. Or have ourselves a pandemic.
But also... don't I hear this story every year? Definitely every election cycle. Is there a scheduler that posts this story on ZH, or on Bloomberg, twice a year or so?
But also... don't I hear this story every year? Definitely every election cycle. Is there a scheduler that posts this story on ZH, or on Bloomberg, twice a year or so?
But also... don't I hear this story every year? Definitely every election cycle. Is there a scheduler that posts this story on ZH, or on Bloomberg, twice a year or so?
But also... don't I hear this story every year? Definitely every election cycle. Is there a scheduler that posts this story on ZH, or on Bloomberg, twice a year or so?
But also... don't I hear this story every year? Definitely every election cycle. Is there a scheduler that posts this story on ZH, or on Bloomberg, twice a year or so?
But also... don't I hear this story every year? Definitely every election cycle. Is there a scheduler that posts this story on ZH, or on Bloomberg, twice a year or so?
But also... don't I hear this story every year? Definitely every election cycle. Is there a scheduler that posts this story on ZH, or on Bloomberg, twice a year or so?
But also... don't I hear this story every year? Definitely every election cycle. Is there a scheduler that posts this story on ZH, or on Bloomberg, twice a year or so?