Tax deductions and Trump's 'big beautiful' bill: Here's who benefits

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Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn't benefit low earners much.

  • New tax deduction — on auto loans, tips and overtime pay, and for older Americans — wouldn't deliver much of a financial benefit for lower earners, experts said.
  • These policies are part of a massive legislative package championed by President Donald Trump.

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