Dave Ramsey reviewed President Trump's One Big Beautiful Bill Act, focusing on its implications for homeowners. He stated there are no significant benefits for homeowners within the bill, advising individuals to take financial matters into their own hands and not rely on government assistance. Although he found the overall content lacking, he recognized the permanence of the 2017 tax cuts as advantageous. The updated SALT deduction to $40,000 could benefit homeowners in high-tax states. Ramsey noted that the tax changes simplify the process for most taxpayers.
Dave Ramsey criticized the One Big Beautiful Bill Act, stating there is 'nothing' impactful in it for homeowners, urging individuals to take their financial matters into their own hands.
Ramsey emphasized that the only one truly looking out for homeowners financially is themselves and warned against depending on government actions.
He labeled the bill as 'a bunch of nickel and dime stuff' but acknowledged that making the 2017 tax cuts permanent is a positive development.
Raising the SALT deduction to $40,000 will significantly benefit homeowners in high-tax states and the simplification of tax filing helps around 90% of taxpayers.
Collection
[
|
...
]