tax cut, Beautiful Bill
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President Donald Trump’s “big, beautiful bill” includes major wins for business interests that carried out aggressive lobbying campaigns on Capitol Hill.
In my view, the “big, beautiful bill” represents a missed opportunity to leverage fiscal policy to address the American wealth and income gap. Instead of investing in programs to lift up low- and middle-income Americans, the bill emphasizes a regressive approach that will further enrich the wealthy and deepen existing inequalities.
A new law ends solar and wind tax credits by 2027, forcing developers to accelerate projects or risk losing key Inflation Reduction Act incentives.
NRCC begins nationwide digital ad campaign touting the 'one big, beautiful bill' that extends Trump's tax cuts and eliminates taxes on tips, while Democrats criticize Medicaid changes.