Republicans might have failed to deliver on their promise to end taxes on Social Security last year, but they gave retirees something that’s arguably even better. The recent federal law known as the One Big Beautiful Bill Act includes a new senior tax deduction of up to $6,000 per year. It’s available for tax years 2025 through 2028, which means eligible seniors can start taking advantage of the…
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American consumers and companies paid nearly 90% of the cost of President Donald Trump’s tariffs through late 2025, according to...
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