Trump tariffs and new policies implemented in the One Big Beautiful Bill Act (OBBBA) will cause Americans’ incomes after taxes and transfers to decrease across the board in 2027, relative to 2025. #Tariffs #MAGAMurderBill #TariffsAreTaxes www.americanprogress.org/article/new-...

New Trump Administration Polic...
New Trump Administration Policies Will Decrease Average Incomes for All Americans Except the Top 1 Percent

New policies in the One Big Beautiful Bill Act, paired with the Trump administration’s tariffs, will leave the bottom 99 percent of Americans with less after-tax-and-transfer income by 2027, while the top 1 percent benefit—per combined scores from nonpartisan analysts.

Center for American Progress
Only the top 1 percent of U.S. households by earnings will see an increase. Despite some lawmakers’ attempts to rebrand the bill as a “working families tax cut,” middle-income households will experience a net income decrease of 1.2 percent, or $1,300, in 2027.