Senate's 549-Page Tax Bill Analyzed
Here's how the new text bill impacts your wallet...
On May 22, the House passed the “Big Beautiful Bill”
Yesterday, the Senate released their own version of the tax bill.
Before it goes to the President, they’ll have to align on the text.
Let’s dive into some of the similarities and differences:
Starting with the rates, both the House and the Senate want to extend the expiring tax rates.
As a reminder, if the rates aren’t approved, they will revert to the “Current Law” below:
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