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President Trump: The Biggest Tax-Cutter in History

26 0
05.04.2026

No president in American history ever dared to cut taxes by $5 trillion – not, that is, until Donald J. Trump took the oath of office for the second time. Less than six months after launching his second term, President Trump signed into law the Working Families Tax Cut, also known as the One Big Beautiful Bill Act. In doing so, he made history.

 And now, as Tax Day on April 15 approaches, people all over the country are filling out their taxes and seeing for themselves just how significant the enactment of that legislation was last summer.

Not unexpectedly, Politico’s editors addressed the political ramifications of one element of President Trump’s massive tax cut package, headlining their piece, “Trump’s overtime tax break is a hit. Democrats aren’t sure what to do about it,” and then opening their assessment with, “President Donald Trump’s new tax deduction for overtime looks like a hit this filing season, and that’s shaping up to be a big challenge for Democrats.”

Of course, President Trump’s overtime tax break is a hit. Why wouldn’t it be? The new deduction allows couples to deduct up to $25,000 per year. Almost 20 million........

© Townhall