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Who Benefits: The One, Big, Beautiful Bill Gives Average Family New $1,300 Tax Cut in 2026
May 22, 2025
WASHINGTON, May 22 -- Rep. Jason Smith, R-Missouri, chairman of the House Ways and Means Committee, issued the following news release on May 21, 2025:

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Who Benefits: The One, Big, Beautiful Bill Gives Average Family New $1,300 Tax Cut in 2026

WASHINGTON, D.C. - After more than four years of Democrat policies driving up prices and imposing a 21 percent inflation tax on Americans, the average family will not only no longer face a looming $1,700 tax incre . . .

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