When Will Trump Tax Cuts Take Effect? White House Gives Update

Taxes,Tax Cuts,White House,Tax Reform,Trump Tax Returns

Posted on AllSides November 20, 2025

From the Center

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President Donald Trump's One Big Beautiful Bill, signed into law on July 4, brings sweeping changes to taxes, government assistance and other policies that affect the amount of money in American pockets.

Speaking on Fox News' Sunday Morning Futures, Treasury Secretary Scott Bessent said there would be a "big bump" for Americans in terms of "refunds and real incomes."...

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