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From “no tax on tips” to the $6,000 “senior bonus,” state lawmakers are integrating components of the One Big Beautiful Bill into their respective tax codes.
The state and local tax deduction has always been a political flashpoint, but its impact goes far beyond politics.
July 4 marked more than just Independence Day this year — it marked the signing of the One Big Beautiful Bill, the most significant tax reform since the Tax Cuts and Jobs Act.