Income Tax Republican Party Trump Tax Cuts Imposto de Renda Trump Administration Fiscal Policy One Big Beautiful Bill Act Economic Policy Child Tax Credit Remittances Reconciliation Process Local Legislation Tax Policy Property Tax Law Online Betting Republican Agenda Billionaire Tax Loopholes Democratic Party Public Reaction Political Reactions Healthcare Policy Affordable Housing Business Deductions Corporate Tax Rate State and Local Tax Deduction Employee Retention Tax Credit Property Tax Reform Bipartisan Tax Deal SALT Deductions Business Tax Breaks Illegal Immigrants Procedural Vote Tax Relief for American Families and Workers Act Low-Income Housing Tax Credit Disaster Relief Corporate Tax Breaks State and Local Tax Deductions Bipartisanship Senate Bipartisan Tax Bill Wealthy Americans Property Tax Local Government Decisions Public Opinion Constitutional Amendments Tax Cuts and Jobs Act Social Programs SALT Caps Constitutionality Film Tax Credits Federal Income Tax GOP Bill Donald Trump Tax Cuts Impact on Individuals Gambling Laws Environmental Policy Capital Gains Tax Local Authorities One Big Beautiful Bill Act (OBBBA) Retirement Policies Regulatory Measures Impact on Taxpayers Energy Policy Senate Proposals GST Overhaul Brazil Hospitality Sector GST Implementation Political Negotiations Social Security Regulatory Changes Tributary Laws Administration Policies Brazilian Tax System Digital Currency Income Tax Exemption Income Tax Law Imposto sobre Bens e Serviços Government Actions Business Taxation Government Proposals Family Policies Property Taxes Governor's Policies Monotributo Government Policy Stakeholder Reactions Income Tax Rates Livestock Taxation Commercial Leasing Public Policy Local Authority Powers Impuesto a los Combustibles Local Laws Federal Tax Credits Budget Reconciliation Municipal Decisions Consumer Tax Credits Local Governance
Employers face immediate reporting updates under a proposal that caps the deduction at $25,000 with income phase‑outs.