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Article Summary
- Trump's Treasury pick Scott Bessent plans to prioritize tax cuts
- The focus will be on tips, overtime, and Social Security
- Bessent aims to make significant changes to the current tax system
- The article discusses potential impacts on various sectors of the economy
- Analysis of potential challenges and obstacles in implementing these tax cuts
- The tone of the article is informative and analytical, providing insights into the proposed tax cuts and their potential implications.
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Trump Treasury Pick Scott Bessent To Prioritize Tax Cuts On Tips, Overtime And Social Security
The hedge-fund manager tapped to lead the Treasury Department revealed his top priority will be extending the tax policies of President-elect Donald Trump's first term and eliminating levies on service workers' tips.
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