As per the official updates from the White House, the US president has signed a new Tax Bill law on 04/07/2025 and this new tax bill is known as One Big Beautiful Bill. This new bill is designed to reshape the tax code and introduces the new tax reliefs and benefits for the workers, seniors and middle or low income residents. The question is, Who Benefits From Trump Tax Bill 2025? This new bill is for the seniors, workers, and low income people. As per this bill, the social security taxes for the seniors has been eliminated, the 2017 Tax cuts would be extended, child tax credit has been raised.
Who Benefits From Trump Tax Bill 2025?
As part of this bill, the 2017 tax cuts would become permanent. The workers who have been getting tips and works for overtime, their pay would not be taxed. A $6000 dedication has been introduced for the seniors. Under this new law, the main focus is to empower small businesses, bring jobs back to the US, invest in US infrastructure, lower the energy costs, raise CTC, protect the border permanently and more. Let’s check Who Benefits From Trump Tax Bill 2025?
Trump’s New Tax Bill 2025 – Quick Facts
| Post Title | Who Benefits From Trump Tax Bill 2025? |
| Year | 2025 |
| Country Name | United States |
| Bill Name | One Big Beautiful Bill |
| Signed Into Law | 4th July 2025 |
| What Changes? | Extension of 2017 Tax cuts, No taxes on tips and overtime payments, social security no taxes benefit, defense and border spending and more |
| What Families Get? | Over 10,000 per year, 15% average tax cut for those earning $15,000 – $80,000 , Raises CTC, no taxes on seniors social security |
| What changes for workers? | No taxes on tips and overtime pays and this saves $1500 annually |
| Post Category | Finance |
| Official Web Portal | www.whitehouse.gov / www.congress.gov |
US New One Big Beautiful Bill Benefits 2025
Benefit For Veterans: The veterans would get bigger pay checks with additional $10,000. No taxes need to be paid on tips and overtime pay. As the 37,500 veterans are tipped professionally and 1.4 million veterans get overtime pay, these veterans would see no taxes on their overtime pay and tips. Under the pros family legislation, the newborn babies would see $1,000 credited into their savings account.
Benefit For Families:
- Get $10,000 extra a year.
- 15% average tax cut for those whose income is $15,000 to $80,000.
- Permanent raise to CTC
- No Taxes on Seniors’ Social Security.
Strengthen Air Traffic Control System: $12.5 Billion Investment is being made to ATC Systems.
Benefit For Workers:
- Getting Over an extra $10,000 a year.
- 15% average tax cut for those whose income is $15,000 to $80,000.
- No taxes on tips which provides extra $1500 per annum
- No taxes on social security of seniors which add up to an extra $6,000 per annum.
- Interest deductions for the loans who are taken against the new US made vehicles.
Check US New OBBB Tax Rates 2025
- This new law includes 7 tax brackets.
- Mortgage interest deduction would be the same as the current limit of $7,50,000.
- SALT deduction is $40,000 for 2025 and this would rise by 1% through 2029 and this again sets at $10,000 in 2030.
- The standard dedication would be capped at $15,750 for individuals, $31,500 for married couples.
- The estate & gift tax exemption is now capped at $15 million for individuals and $30,000 million for married couples.
- The CTC would now provide $2200 per child.
Important Link – Trump’s New Tax Bill 2025
| Official White House Web Portal | www.whitehouse.gov |
| Official Congress Web Portal | www.congress.gov |
| Official OBBB 2025 Web Portal | www.whitehouse.gov/obbb |
FAQ Related To Who Benefits From Trump Tax Bill 2025?
- Are 2017 Tax Cuts now permanent under OBBB 2025?
- Yes, under the new OBBB 2025 bill, the 2017 Tax cuts have been made permanent now.
- Do seniors really not pay taxes on social security anymore under Trump’s New Tax Bill 2025?
- Seniors would get a deduction of $6,000 per annum under Trump’s New Tax Bill 2025.
- What’s Trump’s New Plan for the New Born Babies Under OBBB 2025?
- Under the new OBBB 2025 act, the new born baby’s savings account would be credited with $1,000.
- Is it true that tipped and overtime workers get tax benefits under US One Big Beautiful Bill 2025?
- Yes, the workers who are tipped or get overtime pay can now exclude their income when filing the taxes.
- Do US residents feel these new changes under OBBB on their 2025 taxes?
- Yes, when US residents would file their taxes in April 2026 then these new changes under OBBB would be applied on the 2025 income.
