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President Donald Trump last week signed a nearly 900-page tax and spending package that reshapes several areas of the U.S. tax code and federal benefits. The legislation revises the child tax credit, introduces a new deduction aimed at seniors, and eliminates federal income tax on overtime wages. A separate section removes federal tax on tips, targeting relief for service-sector workers. The measure also contains provisions affecting student-loan borrowers and formally honors more than 200 individuals designated as “American heroes.” Lawmakers say the wide-ranging bill is intended to provide targeted relief to households while recognizing notable public contributors.
Among the multiple provisions within the bill President Donald Trump signed last week are several that could directly impact you, like changes to the child tax credit, a tax deduction for seniors, and no taxes on overtime pay. https://t.co/xVjdy4Y2zM
Within the almost 900 pages of the “megabill” President Donald Trump signed last week are provisions that will impact parents and guardians, those with student loans, and over 200 people dubbed American heroes. https://t.co/PJ99NgBPpG
Among the multiple provisions within the bill President Donald Trump signed last week are several that could directly impact you, including no tax on tips. https://t.co/aoX9yS6Nnn https://t.co/Zp5pEx9vFT
