The White House has announced that President Trump’s One Big Beautiful Bill is intended to provide a significant tax cut for the middle class, with the average American taxpayer expected to receive $3,752 in tax relief. According to analysis from the Tax Foundation, this legislation aims to lower federal taxes for individual taxpayers in every state while also potentially creating nearly one million new jobs across the country. Key features of the bill include exemptions on tips, overtime, and Social Security, as well as expanded child tax credits and incentives for small businesses, all contributing to an economic strategy aimed at reducing inflation and boosting employment.

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