Trump, Big Beautiful Bill
Digest more
An above-the-line deduction for charitable giving is expected to generate an estimated $74 billion for nonprofits over a decade.
Santa Clara County officials fear that Republicans’ “big, beautiful bill” will rip a “seismic tear” in the country’s social safety net as they brace for more than $1 billion in lost federal revenues locally over the next few years.
A new $6,000 tax break for Americans aged 65-plus could offer relief, but some may see little benefit. Here’s who will benefit the most.
The megalaw reduces the number of federal student loan repayment options and places a cap on how much individuals can can borrow for higher education.
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.
The Republicans' tax cut and spending package, dubbed the "big, beautiful bill," includes a tax deduction for car loan interest of up to $10,000 annually for qualified vehicles.
The One Big Beautiful Bill Act is temporarily quadrupling the state and local tax deduction to at least $40,000, up from $10,000, for the next five years. Now it’s up to taxpayers to see if they can take advantage of this extra write-off, which is popularly referred to as the SALT deduction.
Following the passage of President Trump's sweeping budget bill, here's some of the biggest changes to student loans.
Indiana currently needs over 137,000 affordable housing units for the state’s low-income households and the recently signed One Big Beautiful Bill Act includes legislation that looks to fill that gap.
Rep. Gabe Evan’s commercial states that his vote is for Colorado families. Evans is giving them crumbs, however. He voted to give the rich loaves.” — James Maki, Dacono