Politics ❯Government Policy ❯Tax Policy
Tax Cuts Federal Income Tax Payroll Tax Wealth Taxation Wealth Tax High-Income Taxation Dividend Tax Refund Provisions Tax Thresholds Tipped Workers Welfare Reform Tariffs Deductions
Above-the-line deductions of $25,000 for tips, $12,500 for overtime apply to 2025 taxable income with phase-outs starting at $150,000