Commentary
The House-passed “big, beautiful” tax bill is a tremendous achievement and a giant sparkplug for growth. The bill extends all the Trump tax cuts of 2017, thus heading off a $4 trillion tax INCREASE next year. It expands health savings accounts, includes expensing of major capital and research expenditures by businesses, allows more money for school choice, and includes “no tax on tips” and no tax on overtime pay. And that’s just for starters.
