Treasury Department(@USTreasury):.@SecScottBessent: “When I think about the Working Families Tax Cut, One Big Beautiful Bill, what was beautiful about that bill is the symmetry of it. On one side, it was the powerful incentives: 100% expensing. And then, on the other side, the President’s four signature tax policies: No Tax on Tips, No Tax on Overtime, reduced taxes on Social Security—85% of our seniors will not pay taxes on Social Security—and deductibility on interest for American-made cars. You are powering this manufacturing and business boom, but at the same time, Americans get to keep more of their money.”

2026.09.08 15:42

.@SecScottBessent: “When I think about the Working Families Tax Cut, One Big Beautiful Bill, what was beautiful about that bill is the symmetry of it. On one side, it was the powerful incentives: 100% expensing. And then, on the other side, the President’s four signature tax policies: No Tax on Tips, No Tax on Overtime, reduced taxes on Social Security—85% of our seniors will not pay taxes on Social Security—and deductibility on interest for American-made cars. You are powering this manufacturing and business boom, but at the same time, Americans get to keep more of their money.”

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