Trump Signs One Big Beautiful Bill Making 2017 Tax Cuts Permanent, Boosting Income for Tipped Workers and Seniors

President Trump signed the "One Big Beautiful Bill" into law, delivering the largest tax cut in American history for working and middle-class families, farmers, seniors, and small businesses. The legislation makes permanent the pro-worker tax cuts initially established in the 2017 Trump tax cuts, preventing a projected $1,700 tax increase on American families and instead providing an average tax cut of $1,300. Key provisions include the elimination of income taxes on tips for approximately 4 million tipped workers, such as waitresses and taxi drivers, boosting their incomes by up to $1,300, and the removal of taxes on overtime pay premiums for over 80 million hourly workers, increasing their income by up to $1,400. The bill also ends taxes on car loan interest for American-made vehicles, provides tax relief for seniors, and includes death tax relief for farmers.

Additionally, it incentivizes American manufacturing, secures the supply chain, and supports American energy dominance. The legislation is expected to increase take-home pay by up to $10,000 annually for families and aims to fuel economic growth and job creation. It also includes provisions for border security and military strengthening. The bill has been described by lawmakers and government agencies as fulfilling President Trump's campaign promises and delivering historic middle-class tax relief.