One Big Beautiful Bill reduces taxes

To the editor:

How the One Big Beautiful Bill reduces your federal income taxes. The new bonus deduction for seniors allows seniors to deduct an extra $6,000 when filing their taxes. No tax of social security is retroactive back in 2025. About 51 million seniors – 88 percent – will pay no tax on their social security income as a result of deductions exceeding taxable social security income.

No tax on tips is retroactive back in 2025. Meaning you will get money back for your tipped wages earned in 2025. Industries reliant on tips: waitresses and waiters, rideshare and food delivery drivers, taxi drivers, beauticians, hairdressers. No tax on overtime is retroactive in 2025. Meaning you will get money back for overtime worked in 2025! Industries reliant on overtime: nurses, law enforcement, first responders, etc.

Michael W Lundgreen

Fairmont