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Here’s when no taxes on overtime and tips, and other parts of Trump’s big bill, will kick in - MarketWatch

1. Trump's new tax bill extends cuts and introduces new breaks, impacting S&P 500. 2. Workers could see significant tax deductions, enhancing disposable income. 3. Medicaid changes may lead to 12 million people losing insurance over time. 4. The SALT deduction cap will increase significantly, benefiting high earners. 5. New tax-deferred accounts for kids may stimulate long-term investment in markets.

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FAQ

Why Bullish?

Extended tax cuts and new breaks can boost consumer spending, historically correlating with S&P 500 gains.

How important is it?

The article discusses significant tax changes that may enhance consumer spending and investment, influencing S&P 500

Why Long Term?

While immediate impacts are muted, structural tax changes and potential economic growth may favor long-term market performance.

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