Trump’s Tax Plan: Cuts for the Rich, Hikes for the Poor
President Trump urges Republican unity to pass his “big, beautiful bill,” claiming it will cut taxes for all Americans. However, analysis reveals the bill will raise taxes on those earning under $30,000 annually while significantly cutting taxes for millionaires. The legislation faces internal GOP opposition due to concerns over Medicaid cuts and the slow repeal of Inflation Reduction Act provisions. Despite these flaws, the party appears determined to push the bill through Congress, prioritizing the president’s agenda over the financial well-being of working-class Americans.
John Q. Hosedrinker