The budget measure will hurt poor people and boost rich people. It should really be called the Billionaires’ Tax Cut Act
Just a few months ago, Donald Trump sought to bamboozle the American people into believing that his One Big Beautiful Bill Act – with its trillions in tax cuts for the rich – was a legislative wonder stuffed with one marvel after another. But a Pew opinion poll in August found that millions of Americans have wised up about the measure and now view it as a big, unbeautiful monstrosity.
Many Americans have come to realize that Trump’s not-so-beautiful bill – instead of being filled with good things that benefit average Americans – is overflowing with big tax cuts for the wealthy as well as many unfortunate things that will hurt typical working families. As we saw in the town halls held across the US, many Americans are furious about some painful things that Trump and congressional Republicans inserted into the bill: cuts that will make health insurance more expensive, cuts that reduce food assistance, cuts that make it harder for students from working families to afford college. All this is bad news for working families who struggle to make ends meet.
Steven Greenhouse is a journalist and author, focusing on labour and the workplace, as well as economic and legal issues
