President Trump’s tax plan is delivering results for working families during the tax filing season. The Trump tax cuts, a signature feature of the One Big Beautiful Bill (OBBB) passed last year, included provisions that cut taxes on tips, overtime pay and Social Security for seniors. As a result of the cuts, Americans are seeing enhanced relief as Tax Day approaches on April 15.
Since returning to office in January, 2025, providing tax relief to everyday Americans has been a primary goal of the Trump administration. According to a statement released by the White House as Tax Day approaches, the cuts enacted under the OBBB are “putting more money back in the pockets of hardworking parents, strengthening families, protecting seniors, and helping build a brighter future for the next generation.”
Restaurant workers have noted the impact of President Trump’s “Not Tax on Tips” policy in particular. The policy creates a federal tax deduction of up to $25,000 for income received through tips. Joshua Chaisson of the Restaurant Workers of America in Maine said restaurant workers were seeing significant increases in tax relief, with some receiving an additional $1,500-$2,000 in refunds.
Tax filers have seen the results of President Trump’s tax policy in action, crediting the new provisions with enabling them to pay off debt and keep more of their disposable income for themselves and their families. Small business owners have also praised the policies for providing economic stability that has laid the groundwork for expansion and investment.
The “Not Tax on Social Security” provision has also been enormously beneficial for seniors who will have a lower federal tax burden. In addition to the existing standard deductions, the social security provision under the OBBB added an additional $6,000 deduction for individual taxpayers aged 65 or older. Financial advisors have noted that seniors may receive refunds higher than previously anticipated.
The White House championed the results of the Trump tax cuts, noting these results are “what putting American families first looks like.”