CBO Report Exposes Trump Tax Law’s Harsh Blow to Low-Income Americans

The latest report from the nonpartisan Congressional Budget Office (CBO) delivers a sobering assessment of President Trump’s tax and spending legislation. Under the guise of economic growth, this so-called “big, beautiful bill” redistributes wealth upward—handing the richest Americans tens of thousands in gains while stripping away vital assistance from the poorest households. Who Really Wins? The Wealthy Take Center Stage The CBO analysis lays bare the truth often glossed over by Washington spin doctors: the top 10% of income earners stand to gain an average $13,600 each year thanks to tax cuts embedded in this law. Meanwhile, families in the...