With the GOP’s “big, beautiful bill” headed to President Trump’s desk for signature Friday, wealthy Americans are poised to receive significant tax breaks partly offset by steep cuts to social welfare programs. The bill makes 2017 tax breaks from Trump’s first term permanent, while adding some new tax breaks, such as no taxes on tips…

Republicans in Congress have muscled President Donald Trump’s tax and spending bill to passage. At nearly 900 pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities,