Trump touts 'big beautiful bill' tax breaks at Davos. Here's how they work
Government
As Americans prepare for the start of tax season next week, several new tax breaks are on the table as part of President Donald Trump's " big beautiful bill ." "We passed the largest tax cuts in American history, including no tax on tips, no tax on overtime, no tax on Social Security for our great seniors," Trump said in a speech at the World Economic Forum in Davos, Switzerland, on Wednesday. According to the Tax Foundation , the One Big Beautiful Bill Act that Trump signed into law last
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