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News

Donald Trump, Tax Credit

Forbes · 20h
Trump’s Big Beautiful Bill Adds Private School Tax Credit—Here’s How It Works
A provision in the One Big Beautiful Bill Act, recently signed into law by President Trump, will create the country’s first federal tax credit for donations to private schools. It aims to give families more choice in their child’s education,
CNBC on MSN · 20h
Trump's 'big beautiful' bill boosts the maximum child tax credit to $2,200—here's who qualifies
President Donald Trump signed his "big beautiful" spending bill into law on July 4.One provision is an increase to the maximum child tax credit, raising it from $2,000 per eligible child to $2,200 beginning in 2026.
USA TODAY · 22h
How tax breaks on overtime, tips work after Donald Trump's 'Big beautiful bill'
Now that President Donald Trump signed the bill, workers will be able to deduct up to $25,000 in reported tips and $12,500 in overtime pay from their taxable income on their federal tax returns.
6hon MSN
Conservatives are asking Trump for another big tax cut
Fresh off passage of the “One Big Beautiful Bill,” some anti-tax advocates hope to push the administration to change how taxable capital gains are calculated.
23hon MSN
What Trump’s big tax law could mean for the youngest Americans
The impact of the massive spending bill President Donald Trump signed into law on Independence Day is expected to filter down ...

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