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Trump’s ‘One Big Beautiful Bill’ Sparks Debate Over Tax Cuts And Social Program Cuts
President Donald Trump never failed to market his One Big Beautiful Bill. This fine legislation attempted to amend tax laws, retirement...
What this bill does is quite simple: it seeks to repeal overtime taxes, assuring that hourly workers will be made richer; according to the administration, some 80 million Americans will somehow be helped by this. Proponents, including Senator Ted Cruz, say the plan promotes financial independence; detractors fear it will accentuate wealth inequality, as wealthy families stand to benefit the most from making large contributions. One actually comments, “This bill is nothing short of horrible.” However big and beautiful it turns out to be, or whether it is an utter failure for lack of ambition, cannot be predicted; one thing is yet clear: the debate is only beginning.
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