Not exactly... Increased deductions also...
Posted on: July 18, 2025 at 12:41:54 CT
Spanky KU
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Increased deductions:
SALT from $10K to $40K
Child Tax Credit increased
Standard Deduction increased
New "Senior Tax Deduction" of $6K
New deduction for car interest on US made cars
reduced taxes on tips and overtime
Edited by Spanky at 12:42:07 on 07/18/25