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Riley Moore: Big Beautiful Bill Delivers for West Virginia (Opinion)

  • The final version of President Trump's One Big Beautiful Bill introduces various tax policy changes effective immediately after his signing.
  • The legislation raises the standard deduction for individuals to $15,750 and for married couples to $31,500, effective in 2025.
  • The Child Tax Credit will increase from $2,000 to $2,200 per child starting in 2025 and is indexed for inflation.
  • The bill includes substantial modifications benefiting middle-class taxpayers, including a $25,000 deduction for tips and $10,000 for auto loan interest.
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CDR – Chain Drug Review broke the news in on Monday, July 7, 2025.
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