One Big Beautiful Bill: A Clear Win for Taxpayers
The One Big Beautiful Bill (OBBB) is now law. Would this author have voted for it? Absolutely.
But here's the obvious question: Why did every Democrat in Congress vote against it, even though the taxes of millions of their constituents will be reduced in 2024 and beyond, avoiding automatic tax hikes scheduled for 2026?
Is opposition to President Trump so blinding that Democratic leadership turned down real benefits for working Americans? If Bernie Sanders had proposed the same provisions, Democrats might have carved him a spot on Mount Rushmore. He’d be touting how OBBB’s tax relief phases out for the wealthy and is targeted squarely at working families.
What OBBB Delivers for Taxpayers
• Higher Standard Deduction: Everyone using the standard deduction will owe less. Seniors get an even larger benefit.
• Tax-Free Overtime and Tips: Deductions of up to $25,000 of tip income and $12,500 ($25,000 for married couples) of overtime income are made........
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