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The new tax code is particularly a boon for the middle class and workers. Key provisions include:
No taxes on tips, up to $25,000.
No taxes on overtime pay, up to $12,500 (single) or $25,000 (married).
Deductible interest on American-made vehicles, up to $10,000.
Extended and permanent 2017 tax cuts, ensuring stability.
Incentives for small businesses: full write-offs of equipment purchases under section 179, permanent 20% business income deduction.
These measures reward effort and productivity, empowering Americans who contribute to the economy directly. The policies are designed to stimulate growth, reward entrepreneurs, and fundamentally re-engineer fairness in taxation.