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7/2/2025, 5:21:49 PM
7/2/2025, 1:43:29 PM
7/2/2025, 12:38:29 PM
Can someone explain to me how the bill "cuts taxes for billionaires"? I can see the argument about the SALT deductions as rich people tend to live in areas that have higher taxes but $40k is nothing in the grand scheme. How many rich people are getting tips that will no longer be taxed? How many rich people are not maxing out their 401k and will benefit from being able to roll their FSA over? Rich people don't take the standard deduction, how will extending that help them?
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