Mastodawn

The Seven Ugliest Provisions in Trump’s ‘Big Beautiful Bill’ – The Rolling Stone

President Donald Trump and House Speaker Mike Johnson talk with reporters about the “Big Beautiful Bill.” Tom Williams / CQ-Roll Call, Inc / Getty Images

Reverse Robin Hood
The Seven Ugliest Provisions in Trump’s ‘Big Beautiful Bill’
The Trumpy tax bill that’s headed to the Senate has many nasty surprises

May 31, 2025

Donald Trump’s “Big Beautiful Bill” is a reverse-Robin Hood nightmare. It steals from the poor to give to the rich. The 1,038-page version that passed the House will also balloon the deficit by nearly $4 trillion.

The Trump tax bill achieves this feat by extending (and in many cases expanding) tax breaks for the richest Americans, while at the same time depriving more than 10 million Americans of health insurance and regular access to their doctors, by axing $880 billion from Medicaid. It also increases red tape for Obamacare, while allowing other subsidies to lapse, boxing millions more out of their insurance.

The bill is regressive as a matter of tax policy. It will reduce the take-home incomes of bottom 10 percent of income earners by four percent by the end of the decade, according to the nonpartisan Congressional Budget Office projects. Penn Wharton, Trump’s alma mater, finds that most households earning less than $51,000 will immediately see their after-tax income decrease. Meanwhile, the bill boosts the incomes of the top one percent by nearly $70,000 in the first year alone, giving that elite cohort a collective $124 billion net tax cut.

#2025 #America #DonaldTrump #Health #History #Politics #Resistance #Science #TheRollingStone #Trump #TrumpAdministration #UnitedStates