Treasury Department(@USTreasury):.@SecScottBessent: “The Working Families Tax Cuts—a very powerful bill. On one side, great incentives for business: full deduction and expensing for equipment, factories, and agricultural structures. On the other side, the President’s four signature tax policies: no tax on tips, no tax on overtime, no tax on Social Security, and deductibility of American car loan interest.”

Treasury Department

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Treasury Department@USTreasury

2026.10.28 21:30

.@SecScottBessent: “The Working Families Tax Cuts—a very powerful bill. On one side, great incentives for business: full deduction and expensing for equipment, factories, and agricultural structures. On the other side, the President’s four signature tax policies: no tax on tips, no tax on overtime, no tax on Social Security, and deductibility of American car loan interest.”