The Fourth of July is about all things American: parades, cookouts, cold beer and, of course, fireworks. Those pyrotechnics remain at the center of Independence Day, a holiday 247 years in the making. Massive fireworks lit up the skyline of multiple American cities, marking festivities across the country.

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…