How the Reconciliation Bill Prevented a Historic Tax Increase and Cut Individual Taxes in Every State and Metro Region

President Donald Trump signed the One Big Beautiful Bill Act (OBBBA) into law in a White House Ceremony on July 4, 2025. Some are also referring to the legislation as “The Working Families Tax Cuts” to emphasize the relief it offers to American families. The bill, which covers tax and non-discre......

Source: The Heritage Foundation

Original URL: https://www.heritage.org/taxes/report/how-the-reconciliation-bill-prevented-historic-tax-increase-and-cut-individual-taxes