DiscoverThe Financial MirrorEp. 240 | Trump’s ‘Beautiful’ Tax Bill: Who Wins, Who Loses, and What’s Next
Ep. 240 | Trump’s ‘Beautiful’ Tax Bill: Who Wins, Who Loses, and What’s Next

Ep. 240 | Trump’s ‘Beautiful’ Tax Bill: Who Wins, Who Loses, and What’s Next

Update: 2025-06-03
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Trump’s new tax bill is here — and it’s being called the most sweeping tax reform since the 2017 Tax Cuts and Jobs Act. In this episode, we break down exactly what’s in the bill, how it affects your taxes, and what it could mean for your future.


Whether you’re a middle-class family, small business owner, senior, or service industry worker, this episode gives you a clear and engaging walkthrough of the tax changes — from permanent tax cuts to MAGA accounts for kids, a bigger child tax credit, and tax-free overtime and tips. We’ll also cover the controversial cuts to Medicaid, SNAP, and EV tax credits, plus what might change in the Senate.


This episode is designed to help you understand the real-world impact of the bill — the good, the bad, and the unknown. If you want to stay informed, avoid the spin, and make sense of how this legislation could affect your wallet, this is the episode you don’t want to miss.


Topics include:

o Extension of TCJA tax cuts

o No federal tax on tips and overtime pay

o MAGA accounts for children under 8

o Increased standard and senior deduction

o Child Tax Credit raised to $2,500

o SALT deduction cap increased

o EV tax credit repeal

o Cuts to Medicaid, SNAP, and Planned Parenthood

o Estate and small business tax changes

o What the Senate might change


Make sure to like, comment, and subscribe for more in-depth analysis of how policy changes affect you and your money.


Articles Referenced: https://bipartisanpolicy.org/explainer/whats-in-the-2025-house-republican-tax-bill/


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#TrumpTaxBill2025 #TaxReform #MAGAAccounts #OneBigBeautifulBill #NoTaxOnTips #ChildTaxCredit #StandardDeduction #EstateTax #SmallBusinessRelief #EVTaxCredit #MedicaidCuts #SNAPReform #TaxPolicy #ConservativeFinance #USPolitics

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Ep. 240 | Trump’s ‘Beautiful’ Tax Bill: Who Wins, Who Loses, and What’s Next

Ep. 240 | Trump’s ‘Beautiful’ Tax Bill: Who Wins, Who Loses, and What’s Next

The Financial Mirror