A Guide To The Tax Cuts In (And Out) Of Trump's 'Big, Beautiful Bill'

Contributing sentiments towards policy:

62% : So far, there's no indication that corporate tax rates will be cut.
60% : Student Loans.
54% : The AMT is a secondary tax put in place in the 1960s to prevent the wealthy from artificially reducing their tax bill through the use of tax preference items.
52% : Under the TCJA, those deductions, including unreimbursed employee expenses, home office expenses, and tax preparation expenses, were temporarily eliminated through the end of 2025.
51% : The tax portion of the bill will cost $3.7 trillion over the next decade, according to the Joint Committee on Taxation (JCT).
51% : Income Tax Rates.
47% : Alternative Minimum Tax (AMT).
45% : But that's because in the TCJA, many of the tax benefits for individuals were set to expire at the end of 2025, while the corporate tax breaks were largely permanent.
44% : Those include: To help pay for the bill, the GOP has proposed cuts to Medicaid.
43% : No mention of taxing the carried interest income earned by private fund managers at ordinary income tax rates, instead of as capital gains -- something Trump has repeatedly said he wants to do.

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