Written By Jerry H Rovner CAPT ret (USN-NJSG)
Chairman of the 7th Congressional District GOP

Let us review the tax cuts legislation just passed into law as the One, Big Beautiful Bill.

Understanding the Impact of Taxes on Families

FACTS: Income taxes: Republican plan cuts taxes by $4.5 trillion. The Democratic plan raises taxes by $4.5 trillion.

The child tax credit: Republican plan permanently increases tax credits to $2200 per child. Democratic plan, no child tax credit.

Taxes on senior’s: Republican plan has

 $6000 to the standard tax deduction for ages 65+, Democratic plan taxes all income.

Tax on tips: Republican plan no tax on tips. The Democratic plan all tips taxed as income.

Tax on overtime: Republican plan no tax on overtime. The Democratic plan has all overtime taxed as income.

Car Loans: Republican Plan new deductions up to $10,000 for the interest on American made car. Democratic plan no deductions for interest payments.

Medicaid rules: Republican plan: 20 hour/WK. Work requirement on able-bodied adults without children to qualify for benefits. Democratic plan: no work requirement for able-bodied adults without children

Food Stamps/Snap program: Republican plan; imposes a work requirement on able-bodied adults without children to qualify for benefits Democratic plan, no work requirement for able-bodied adults without children.

Boarder: Republican plan includes funding to complete the border wall and border security, Democratic plan no funding for the border wall

National Security, the Republican plan includes funding for military readiness, bombs, ships, and missiles. Democratic plan no funding for national security

The difference is clear, as to who was looking out for at the people of the United States!

But all the Democrats and the mainstream media have will tell you how horrible this bill is. Rember not one democrat voted for this bill.

I wonder if all the democratic loyalist will take advantage of these tax breaks?