How Trump’s Tax Law Is Actually Hitting U.S. Businesses

President Trump achieved a significant victory this summer with the passage of the law known as the one big beautiful bill. I'm Richard Rubin. That's me.I report on US tax policy for the Wall Street Journal. The new law extended tax cuts that were scheduled to expire at the end of this year. It also created new deductions for overtime pay, tipped workers, and senior citizens.And it expanded what's known as salt or the state and local tax deduction. The law also brought some major changes for US businesses. ...