Treasury Secretary Scott Bessent Profile picture
79th United States Secretary of the Treasury
2 subscribers
Jun 4 6 tweets 1 min read
We cannot allow the American people to suffer the biggest tax hike in history next year.

Getting @POTUS’s “One Big Beautiful Bill” passed is one of our top priorities. And it’s an integral component of President Trump’s bold economic agenda to drive long-term growth.

The American people deserve to know how this bill will benefit them directly. Thread. WORKING FAMILIES

✔️No federal income tax on tips or overtime pay.

✔️Bigger standard deduction for every household.

✔️Extra senior deduction so retirees keep more of what they’ve earned.

These dollars stay in your pocket, not Washington’s.
Apr 15 6 tweets 1 min read
With Tax Day upon us, we are doubly focused on making the IRS work better for American families, at a better price.

To that end, we are striving for excellence in collections, privacy, and customer service.

The agency has been in a “modernization” program for decades. But this year, we are finally implementing a tech-forward, efficient approach made possible by the amazing talent we already have in the building.

Here’s how the IRS under the Trump Administration is serving you: The IRS has successfully saved $2 billion without any operational disruptions by eliminating wasteful contracts, such as auto-renewed licenses unused for years.