The Treasury Department released a new analysis that found the majority of filers who claimed the new tax breaks enacted by Republicans last year earn less than $100,000.

Republicans passed a massive tax cut bill last summer as part of the One Big Beautiful Bill Act. Most of the legislation preserved and made permanent expiring tax provisions, but it also included several tax cuts that President Donald Trump campaigned on, such as tax breaks for tips, overtime income, Social Security, and auto loans.

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