House Reveals GOP’s New Bill
Washington, D.C. — The House GOP has just rolled out a sweeping pro-growth tax plan backed by President Donald Trump, aimed at cutting taxes, boosting American businesses, and defending middle-class families from inflation and overregulation.
The 389-page proposal, released by the House Ways and Means Committee, centers on making the Trump tax cuts permanent, expanding deductions for working Americans, and rolling back Biden-era climate and spending programs.
SALT Deduction Expanded—but Moderates Want More
A major component of the bill raises the State and Local Tax (SALT) deduction cap from $10,000 to $30,000 for both individuals and married filers. However, some moderate Republicans from high-tax blue states—such as New York, California, and New Jersey—are demanding a higher cap.
“Still a hell no,” said Rep. Nick LaLota (R-NY), signaling friction within the GOP caucus.
This deduction—originally capped under the 2017 Trump tax cuts—has become a flashpoint in the broader debate over how to deliver real tax relief to everyday Americans.
Tax Relief for Workers: No More Taxes on Tips or Overtime
President Trump’s commitment to hardworking Americans is front and center. The bill includes:
- Eliminating federal taxes on tips and overtime
- Exempting car loan interest through 2028
- Locking in Trump’s income tax rate cuts, preventing a jump to 39.6% for high earners
Trump took to Truth Social Monday, urging Republicans to rally behind the plan, calling it a “GREAT” opportunity to rebuild American prosperity. “We have no alternative—WE MUST WIN!” he declared.
Big Win for Small Businesses: Pass-Through Deduction Increased
The bill increases the pass-through business deduction from 20% to 23%, benefiting over 90% of American businesses, including LLCs, S-corps, sole proprietorships, and family-run operations.
“This means more hiring, more investment, and stronger American industry,” said NAM President Jay Timmons, applauding the move.
The legislation also restores:
- Bonus depreciation
- R&D expensing
- Interest deductibility
- Key international tax provisions from the original Trump tax reform
Cutting Green Waste: Ending Biden’s Climate Handouts
The GOP tax package takes aim at wasteful Biden-era climate programs, repealing:
- Green energy loan schemes at the Department of Energy
- Left-wing “climate justice” grants
- Billions in spending tied to progressive environmental activism
This rollback aligns with conservative priorities to cut the deficit and refocus taxpayer dollars on American families and businesses—not radical climate ideology.
Other Highlights:
- Child tax credit increased to $2,500 through 2028
- Debt ceiling raised by $4 trillion—less than Senate Democrats’ $5 trillion ask
- Carried interest loophole remains untouched—for now
- Tip and overtime tax repeal expires after 2028 but could be extended
Final Word: A Bold Trump-Led Vision for Economic Revival
This tax plan represents a clear path forward: lower taxes, less regulation, more freedom. It reflects President Trump’s America First economic agenda, empowering businesses, protecting workers, and putting Washington back in service of the people—not the bureaucrats.
Speaker Mike Johnson (R-LA) remains confident the bill will move swiftly, saying the goal is to pass it by Memorial Day. For conservatives 50 and older, this is a return to common-sense economics and the proven success of the Trump tax cuts that sparked record job growth and energy independence.
✅ Support American values. Support economic freedom. The GOP tax plan delivers.
