Donald Trump signed his Big, Beautiful Bill on July 4.  Here are some details. Wikipedia  calls it the  One Big Beautiful Bill Act.   For purposes of this posting, I'll call it BBB. Has several hundred provisions. Permanently extends the individual tax rates Trump signed into law in 2017, which were set to expire at the end of 2025. Raises the cap on the state and local tax deductions to $40,000 for taxpayers making less than $500,00/year, but will drop to $10,000 after five years. Temporary tax deductions for tips, and overtime pay. Allows car buyers to deduct up to $10,000/year in auto loan interest for cars assembled in the U.S. and purchased between 2025 and 2028. Creates something called Trump Accounts, allowing parents to create tax-deferred accounts for the benefit of their children, which will expire in 2028.  In short, the U.S. government deposits $1000/birth of a child born between 2025 and 2028.  Then parents may contibute up to $5,000/year, with...