On June 10, 2025, the White House unveiled what it calls the largest tax cut in U.S. history for working and middle-class Americans as part of the “One Big Beautiful Bill.” Despite bipartisan acknowledgment of its popularity, some Democrats continue to oppose it. The bill includes a 15% tax cut for those earning $30,000–$80,000, eliminates taxes on tips and overtime, boosts the Child Tax Credit to $2,500 for 40 million families, and offers targeted relief for seniors and family farms. Additional measures include expanded HSAs, tax-free investment accounts for newborns, and preserving the doubled standard deduction. Proponents argue that failing to pass the bill would result in the biggest tax hike in American history.
The Largest Tax Cut in History for Working and Middle-Class Americans
Even Democrats admit the tax policies in the One Big Beautiful Bill are needed and popular — but they still oppose the bill.
To be clear, that means they’re opposing:
- The largest tax cut in history for working and middle-class Americans.
- A 15% tax cut for Americans making between $30,000 and $80,000 per year.
- NO TAX ON TIPS and NO TAX ON OVERTIME.
- Boosting the Child Tax Credit to $2,500 for 40 million families.
- Historic tax cuts for seniors.
- No tax on car loan interest for American-made cars.
- Preserving the doubled standard deduction for 91% of taxpayers.
- Expanding Health Savings Accounts (HSAs) to give Americans greater choice and flexibility in how they spend their money on their health.
- Investment savings accounts to set all newborn American kids on the path to financial security from the very beginning.
- Increasing the Death Tax exemption for two million family farms.
Failing to extend the Trump Tax Cuts alone would stick Americans with the largest tax hike in history.
The White House
June 10, 2025
Sources: WhiteHouse.gov , Bigny.com/?p=7197
TV503.com
