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White House Press Secretary Karoline Leavitt announces
President Trump's second-term tax plans, including the largest tax cuts for the
middle class in U.S. history:
- No tip tax
- No Social Security tax for seniors
- No overtime tax
- Renewal of Trump's 2017 middle-class tax cuts
- Adjustment of the SALT cap
- Elimination of all special tax breaks for billionaire
sports team owners
- Loophole for the carried interest tax deduction
- Tax cuts for American-made products