The One Big Beautiful Bill Act (OB3 Act) includes three new deductions that attempt to fulfill President Trump’s campaign promises of no tax on tips, overtime, or Social Security. While these deductions may fall short of their stated goals, they provide material, time-limited tax relief to specific population segments.
https://www.tomtalkstaxes.com/p/ob3-act-no-tax-on-tips-overtime-or (July 3, 2025)