BBB passed

[BacklogBadham]

Haha entha torture chesaro eeme ni. Senator Lee and eeme not on board. Senator Lee ayyithe federal lands ammakaniki pettadu vesukunnaru gatti ga eeme face chusthe ardham avvuthundhi total scenario 

 

[Spartan]

3 minutes ago, BacklogBadham said:

Haha entha torture chesaro eeme ni. Senator Lee and eeme not on board. Senator Lee ayyithe federal lands ammakaniki pettadu vesukunnaru gatti ga eeme face chusthe ardham avvuthundhi total scenario 

 

25b$ nunchi 50b$ ki bump chesaru rural

medical kosam, andulo Alaska got major lions share... anduke she agreed

her vot was critical

[Hitman]

1 hour ago, Gundepotuu_Gummadi said:

bro's e bill meda clarity unna vallu manaki (h1b) meda unna vallaki emina pros unaya unte ento koncham chepandi.

child tax credit emina increase chese chance unda.

No tax on overtime 

child tax credit increased 500 

interest paid on car loans can be tax deductible 

 

[BacklogBadham]

7 minutes ago, Spartan said:

25b$ nunchi 50b$ ki bump chesaru rural

medical kosam, andulo Alaska got major lions share... anduke she agreed

her vot was critical

Of course. But looks like she is not happy at all. Now let see drama in the house. But I doubt it akkada pedha ga fight undadu le antha MAGA ne except some. E thin majority tho e bill pass cheyyadame kashtam ga undi madya lo okadu dhoori dogify cuts antadu dhaniki 60 votes kavali Anna min common sense lekunda. Anyway Budget bill tho majority medicaid gone let see how Republicans will face the music in the future 

[Hitman]

Missing @Sucker to give us list of loopholes we can make use of  . 
he can find loopholes where we can claim shopping expenses for tax exempt 

[BacklogBadham]

2 minutes ago, Hitman said:

No tax on overtime 

child tax credit increased 500 

interest paid on car loans can be tax deductible 

 

Team Trump or Team Musk 

Ledha as it is @Suckerbaba team na

[BacklogBadham]

2 minutes ago, Hitman said:

Missing @Sucker to give us list of loopholes we can make use of  . 
he can find loopholes where we can claim shopping expenses for tax exempt 

Heritage foundation rules Anni okkokkati bayatki vasthunnayi. Calling @Suckerand @Sam480

Citizenship leputhunnaru andulo PPP fraud corporation fraud add cheyyadam next level. Eppudu Citizen edhanna chinna case lo dhorikina kindha kaaripothundhi paapam. No one is safe la vundhi. 

[rad9]

I don't know about H1Bs, but this will devastate graduate students, especially PhDs and post-docs at T50 universities. So, this is very bad for me, as a minimum of 240K jobs will be cut from academia: 

 

[Mr Mirchi]

38 minutes ago, Hitman said:

No tax on overtime 

child tax credit increased 500 

interest paid on car loans can be tax deductible 

 

veetitho paatu...401 meedha fine, tax kuda thoseyochuga......:)

[BacklogBadham]

4th varaku manchi drama set chestharu last ki fold avvutharu. Don't mess with Trump saar Approval rating peaks. Regan ki kuda ledhu Antha within 6 months lo entha. Chusi aadandi game. 

 

 

[Anta Assamey]

5 hours ago, rad9 said:

I don't know about H1Bs, but this will devastate graduate students, especially PhDs and post-docs at T50 universities. So, this is very bad for me, as a minimum of 240K jobs will be cut from academia: 

 

 

 

These cuts aren't in the current bill. NSF and NIH are discretionary spending so they can't go through reconciliation.   Expect the administration to try and pass appropriations with these cuts later in the summer.

[viky]

5 hours ago, Hitman said:

No tax on overtime 

child tax credit increased 500 

interest paid on car loans can be tax deductible 

 

Modalodhi, next month na car payment will be the last one, $2.50 undhi interest amount  hamaya nenu aa amount tax deduct cheskuunta

[enigmatic]

The "Big, Beautiful Bill" (also known as the One Big Beautiful Bill Act or OBBBA) is projected to increase the US federal deficit by roughly $2.4 to $3.3 trillion over the next decade, according to estimates from the Congressional Budget Office (CBO) and other organizations. 

tax cuts for rich people , bocche to lower and middle class people 

[BacklogBadham]

44 minutes ago, enigmatic said:

The "Big, Beautiful Bill" (also known as the One Big Beautiful Bill Act or OBBBA) is projected to increase the US federal deficit by roughly $2.4 to $3.3 trillion over the next decade, according to estimates from the Congressional Budget Office (CBO) and other organizations. 

tax cuts for rich people , bocche to lower and middle class people 

Taxes on tips kuda just 3 years validity anta

 

[BacklogBadham]

Key Provisions with Expiry Dates

Temporary Tax Relief on Tips and Overtime:

The bill allows individuals to deduct a capped amount of tip wages ($25,000) and overtime pay ($12,500, phasing out for incomes above $150,000) from their taxes. These provisions are effective from 2025 through 2028 and then expire.

 

Child Tax Credit:

The Senate version increases the Child Tax Credit to $2,200 per year (with certain eligibility requirements), but this enhanced amount is set to expire after 2028.

 

State and Local Tax (SALT) Deduction Cap:

The SALT deduction cap is raised to $40,000, but reverts to $10,000 after five years (i.e., after 2028).

Clean Energy Tax Credits:

Tax credits for electric vehicles are phased out by September 2025, and EV charging credits by June 2026. Tax credits for biofuels are extended to 2031.

 

Other Expiring Provisions:

Many of the tax cuts and deductions extended from the 2017 Tax Cuts and Jobs Act are set to expire at the end of 2028, unless further extended by future legislation.