Senate GOP Wants to Trim Trump’s Populist Tax Cuts

Senate GOP Wants to Trim Trump’s Populist Tax Cuts

New York Times: “On the chopping block are some of Mr. Trump’s favorite parts of the bill, like not taxing overtime. Republican lawmakers have long been skeptical of some of the president’s tax ideas, with the view that the populist policies will not spur the economy like traditional supply-side conservatism can.”

No Tax On Overtime or Tips Rejected By Senate: Thanks For Playing - 99Bitcoins

Oh boy, here we go again with the “Big Beautiful Bill” circus. No tax on overtime and tips, promised by President Donald Trump during his 2024 campaign, might be dead. Trump’s tax-free tip is a Molotov cocktail wrapped in dollar bills.  Supporters call it a long-overdue break for America’s service class but detractors—including members of his own party—say it should be removed from the bill. Let’s break this down for you before the political spe…

CoinStats - No Tax On Overtime or Tips Rejected By Senate...

Oh boy, here we go again with the “Big Beautiful Bill” circus. No tax on overtime and tips, promised by President Donald Trump during his 2024 campaign, might be dead. Trump’s tax-free tip is a Molotov cocktail wrapped in dollar bills.  Supporters call it a long-overdue break for America’s service class but detractors—including members of his own party—say it should be removed from the bill. Let’s break this down for you before the political spe…