A. 

✅ 1. Permanency for 2017 Tax Cuts

• Keeps all 2017 individual tax rates (10%–37%) and the near‑double standard deduction permanently

💰 2. Expanded Standard Deduction

• Raises standard deduction to roughly $15,750 (single) and $31,500 (joint) for 2025, with annual inflation adjustments through 2028. 

🏡 3. SALT Deduction Cap Increased

• SALT deduction cap lifted from $10K to $40K for filers with AGI under $500K; this enhanced cap lasts until 2029, then reverts to $10K in 2030.

👵 4. Senior Deduction

• Seniors (65+) get a $6,000 “bonus” deduction (phases out at $75K/$150K AGI), available through 2028. 

🍼 5. Child Tax Credit (CTC)

• Permanently keeps the CTC at $2,000 per child, and temporarily increases it to $2,200 through 2028, with inflation indexation.

💳 6. Above-the-Line Deductions (2025–2028)

• Tips: Up to $25,000 deduction (phases out for MAGI above $150K/$300K).

• Overtime: Up to $12,500 deduction (same phase-out thresholds)

• Auto Loan Interest: Up to $10,000 deduction for U.S.-assembled passenger vehicles, phasing out at $100K/$200K MAGI

• Charitable Contributions: Above-the-line non-itemizer deduction of up to $1K (single) / $2K (joint).

🏡 7. Trump/MAGA Accounts & 529 Expansion

• New “Trump Accounts” for children <18: tax-advantaged savings with possible one-time $1,000 government contribution

• 529 plans expanded to K–12, homeschooling, and certification tuition

🏛️ 8. Estate & Gift Tax

• Estate and gift tax exemption permanently raised to $15 million per person (indexed) starting 2026.uhy-

🌱 9. Clean-Energy Credits Scaled Back

• Reverses or phases out various clean‑energy credits (EVs, solar, wind) by end of 2025–2027.