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The One Big Beautiful Bill Act would reduce taxes for many, but the size of the benefit varies by income and could be offset by rising prices or future policy changes. How might you be affected?
The latest Republican-backed tax proposal, known as the One Big Beautiful Bill Act (OBBBA), has sparked intense debate about which Americans would benefit most if it passes. Beneath the headlines, the legislation would affect households differently depending on income level. Supporters claim the bill would lead to lasting tax relief and bigger paychecks, while critics point to new analyses…
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