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Learn how Trump's new tax bill affects you, with new deductions for tips, overtime, and Social Security income. Find out what ... President Donald Trump followed through with his hoped-for Fourth of July bill signing on Friday, making the CNBC's Robert Frank reports on the tax changes for charitable giving. In this video I cover the 100% bonus depreciation deduction which is available for 2025 under the 00:00 - Intro 0:49 - The Senior Deduction Explained — Updated with Clarification 05:06 - Who This Bill Impacts Most 05:16 -
