https://www.nytimes.com/interactive/2025/06/12/upshot/gop-megabill-distribution-poor-rich.html
https://apnews.com/article/trump-tax-bill-hurts-poor-helps-rich-cbo-f3d9d46ca3e829d6b850dca30b91a2b6

WASHINGTON (AP) — The Republican tax bill approved by the U.S. House of Representatives would cost the poorest Americans roughly $1,600 a year while increasing the income of the wealthiest households by an average of $12,000 annually, according to a new analysis released Thursday by the Congressional Budget Office.

Middle-income households would see a boost of roughly $500 to $1,000 per year under Republican President Donald Trump’s tax bill, the CBO found.

The cuts to the lowest-income households come from proposed cuts to social safety net programs including Medicaid and a food assistance program for lower-income people, known as Supplemental Nutrition and Assistance Program.

The bill also proposes expanding work requirements to receive food aid and new “community engagement requirements” of at least 80 hours per month of work, education or service for able-bodied adults without dependents to receive Medicaid. Some proposed tax breaks would be temporary, including a tax break on tips and overtime, car loan interest and a $4,000 increase in the standard deduction for seniors.

Treasury Secretary Scott Bessent and other Republicans have sought to discredit the CBO’s analyses of the bill and say that the U.S. could head toward economic catastrophe if the measure is not passed. GOP Idaho Sen. Mike Crapo said during a Senate Finance Committee hearing on Thursday that the tax bill “recognizes the solution to our debt crisis is not to tax Americans more, it is to spend less.”

“The legislation recognizes that extending proven tax reform is critical for working families,” he said.

Administration officials have said the the cost of the tax bill would be offset by tariff income. Recently, the CBO separately estimated that Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period while shrinking the economy, raising the inflation rate and reducing the purchasing power of households overall.

The CBO was established more than 50 years ago to provide objective, impartial analysis to support the budget process. It is required to produce a cost estimate for nearly every bill approved by a House or Senate committee and will weigh in earlier when asked to do so by lawmakers.

The office’s analysis released Thursday considers Trump’s “One Big Beautiful Bill Act” in isolation, excluding the potential impact of the tariffs that Trump has imposed and paused on nations around the world.

Democratic Rep. Brendan Boyle of Pennsylvania, who requested the CBO analysis released Thursday, said in a statement that “this would be one of the largest transfers of wealth from working families to the ultra-rich in American history. It’s shameful.”

>>1412850 (OP)
Oh look! We're doing this thread again. Tell us more how me not getting taxed for overtime is actually bad for me because part of my income isn't going to lazy-ass Shawniquana and her 15 bastard children.
>in before DAS RACIST crying again. gb2plebbit

>>1412855
are you posting from the combination pizza hut and taco bell in hyderabad?

>>1412855
Read the CBO graph and weep, chudkins

>>1412855
>Shawniquana
Oh look! It's this strawman again. And I thought Rush Limbaugh died years ago.

>>1412867
>>1412868
>>1412874
So how is me not getting taxed on overtime a bad thing again? Come one, one of you should be able to make an argument I'll give a fuck about.

>>1412855
>We're doing this thread again.
We keep having this thread because it’s still true and you retards still don’t believe it.

>>1412879
we're too busy making fun of you to take you seriously faggot

>>1412855
Fun facts
The House version of the bill doesn't actually eliminate taxes on overtime pay, it creates an above the line deduction of overtime pay.
So if you're someone making little enough to take the standard deduction, i.e. the people who need a break the most, it's literally meaningless to you.
Meanwhile, word has it even that is being eliminated from the Senate version of the bill.

>>1412879
We're not here to legitimize your 50 year old "Shawniquana's 15 kids" strawman. If you had an IQ above 80 you should be able to look at the graph and know how much you're going to pay (since there is no way in hell an uneducated retard like you makes more than $80k a year).

Oh no, how will I live with an extra $1000 when Sharkeesha and her 8 niglets get $500 less in food stamps

>>1412885
That strawman was outdated when your parents were born.

>>1412885
do you being racist toward black people gets you a step closer to not being brown?

>>1412885
do you think being racist toward black people gets you a step closer to not being brown?

>>1412885
You'll find a way

>>1412885
I only gots 3 chilluns, ands 1 work at Walmarts 1 work at da Burger King and muh youngest tranny boy work at lettin you suck his dick fer $50. He da best earner. Lots a you types arounds

update:
https://www.politico.com/news/2025/06/13/gop-megabill-senate-hardliners-soften-00404403
>
The Senate GOP’s hard-liners are suddenly sounding softer on the megabill

>>1412850 (OP)
Why should the government steal my taxes and give them to Black single mothers who hate White men?

>>1413164
you live in a society

>>1413171
Do we really?

>>1412850 (OP)
Why should the government steal my taxes and give them to dipshit retards who hate everyone?

>>1413164
>>1413186
>taxation is theft
I remember when I was a teenage lolbertarian, too.

>>1412850 (OP)
>all those posts that got deleted
Apparently it's against the rules on /news/ to point out the government takes taxes from workers and gives them to welfare recipients.

>>1413190
>takes taxes from workers and gives them to the military industrial complex
*ftfy

>>1412882
>The House version of the bill doesn't actually eliminate taxes on overtime pay, it creates an above the line deduction of overtime pay.
>So if you're someone making little enough to take the standard deduction, i.e. the people who need a break the most, it's literally meaningless to you.
$25k in tips is deductible from total income up to $160k a year in income.
You are wrong about it being meaningless, shill. It's probably the only good thing in the bill.

>>1413199
What kind of tip giving job pays $160k a year? Are you even an American?

>>1413224
of course he's not, where do you think you are

>>1413224
>What kind of tip giving job pays $160k a year?
Waiters and servers. Ordinarily for exclusive bars or michelin star restaurants.
I know of a guy who makes 150k~ a year working in Chicago doing that same thing.

>>1413275
i saw The Bear too

>>1413224
>>1413224
>What kind of tip giving job pays $160k a year
First, you have no reading comprehension of you think I'm saying waiters make more than $160k a year. Try reading again and this time put your fucking thinking cap on or ask chat gpt to spoon feed it to you or something.

it's an additional write off on every single servers tips up to $25k in tips, because there's virtually no servers who get paid over $160k a year.
So it's a benefit for them

For fucks sake, there's a million legitimate things to attack about the big ugly bill, but the deduction on taxes isn't one of them, faggot

>>1413267
>>1413224
>What kind of tip giving job pays $160k a year
First, you esl shillfags English comprehension if you think that I'm saying waiters make more than $160k a year. Try reading again and this time put your fucking thinking cap on or ask chat gpt to spoon feed it to you or something.

it's an additional write off on every single servers tips up to $25k in tips, because there's virtually no servers who get paid over $160k a year.
So it's a benefit for them

For fucks sake, there's a million legitimate things to attack about the big ugly bill, but the deduction on taxes isn't one of them, faggot

>>1413275
>Guys just be a waiter at a Michelin star restaurant and you'll get that many tips!
This makes a depressing amount of sense considering Trump.

>>1413267
>>1413224
>What kind of tip giving job pays $160k a year
First, you esl shillfags English comprehension is absolute shit if you think that I'm saying waiters make more than $160k a year. Try reading again and this time put your fucking thinking cap on or ask chat gpt to spoon feed it to you or something.

it's an additional write off on every single servers tips up to $25k in tips, because there's virtually no servers who get paid over $160k a year.
So it's a benefit for them

For fucks sake, there's a million legitimate things to attack about the big ugly bill, but the deduction on taxes isn't one of them, faggot

>>1413314
One good thing in a bill with 200 other bad things doesn't make it a good bill.

>>1413399
It's not even good, it further obscures bribery

>>1413401
It also prevents states from regulating AI, sells off federal land to the biggest polluters, blocks any funding to enforce contempt of court orders (allowing Trump to ignore court rulings), and cuts at least 10 million people off medicaid. That's on top of the regressive tax burden for the poor in the op article.

>>1413399
There's 2 or 3 good things in it. Work requirements for able bodied people wanting public benefits is another good thing in it

>>1413485
>Work requirements for able bodied people wanting public benefits is another good thing in it
That isn't a good thing. It's going to make thousands of people homeless. How is someone on welfare supposed to pay thousands every month for child care when they can't even afford rent?

>>1413490
>How is someone on welfare supposed to pay thousands every month for child care when they can't even afford rent?
Why are people on welfare having children if they can't afford to even take care of themselves?

>>1413491
>How DARE they have sex when I can't breed
kek

>>1413492
>I can't even afford to pay my own rent. You know what would really improve my financial situation? Having a child.
Yeah that's some shit no one's ever said.

>>1413493
Can't wait for the 'Trumpville' tent cities full of thousands of newly homeless people to spring up because of this. The GOP won't stop until they've eclipsed the Great Depression.

>>1413493
they just need 1,000 dollars from trump to afford a baby, remember

>>1413491
This

>>1413493
>>1413495
Did you want them to get an abortion?

>>1413491
>>1413496
Retards, what did you think Planned Parenthood was for?

>>1413497
Because contraceptives are too hard to figure out. You know they hand out condoms for free in some places, like high schools?

>>1413499
>>1413498

>>1413498
>Retards, what did you think Planned Parenthood was for?
Well it certainly wasn't in the business of promoting responsible sex.

trump is a stinky doodoo head.

>>1413501
>responsible sex
There goes the republican party intruding into people's bedrooms again.

>>1413503
Yeah I know it's such a bad thing using protection. Why do that when you can knock out 15 kids and be a burden on an already stretched-thin society?

>>1413503
the funny thing is dubya's grandpa is the one who started planned parenthood

>>1413502
Trump isn't forcing the republicans in Congress to pass the bill. They're doing that on their own.

>>1413504
This from the party that wants to make birth control pills illegal.
https://prospect.org/health/2024-06-06-republican-party-coming-for-birth-control/

>>1413507
Nice think tank, boomer

>>1413507
Oh no, Republicans blocked a feel-good mandate.
>The vote on the Right to Contraception Act was 51-39, falling short of the 60 votes needed to defeat a filibuster and move the bill forward. Republicans said it was unnecessary because the use of birth control is already protected under Supreme Court precedent.
>“This is a show vote. It’s not serious. It doesn’t mean anything. And, plus, it’s a huge overreach. It doesn’t make any exceptions for conscience, it creates mandates,” said Sen. John Cornyn, R-Texas, who is running to be the next GOP leader in the Senate. “It’s a phony vote because contraception, to my knowledge, is not illegal. And to suggest that somehow it’s in jeopardy, I think, should be embarrassing.”

>>1413510
>said Sen. John Cornyn, R-Texas, who is running to be the next GOP leader in the Senate.
It's funny that not only did he lose the leadership vote, he's about to lose a Texas primary to Ken Paxton.

>>1413508
>Originally, The American Prospect published quarterly, then bimonthly. In 2000, thanks to a grant from the Schumann Center for Media and Democracy, it became biweekly.[17] Financial and logistical difficulties ensued, and the magazine moved to a ten-issue-per-year format in spring 2003 and a bimonthly format in summer 2012. The online version of the magazine included a blog called TAPPED (derived from TAP, the acronym of The American Prospect). Facing financial issues, the magazine reduced its bi-monthly publication schedule to a quarterly publication schedule in 2014.[8] Starting in 2020, the magazine returned to a bimonthly schedule.
Not a think tank.

>>1413513
So how many goal-posts are we going to move in this thread today? I'm curious.

>>1413522
Relax, chudson, Thune is Senate Majority Leader, Ron Johnson is folding like a cheap suit, and Rand Paul will cave eventually.
https://www.politico.com/news/2025/06/13/gop-megabill-senate-hardliners-soften-00404403

>>1413198
No matter how badly you want to limit discussion to that, the total amount of public benefits probably outstrips it, without even taking the kind of close look that examines all the opportunity cost, or the millions of small transactions (like immigrant loans interest free) that are costing the country.

>>1413524
>the total amount of public benefits probably outstrips it,
Not probably, it does. Our highest spending category is on social security and the highest agency is the Department of Health and Human Services.
https://fiscaldata.treasury.gov/americas-finance-guide/federal-spending/

>>1413524
>>1413527
We should be spending 2x as much as we do now.

>>1413528
So double the taxes on everyone?

>>1413529
No we can cut other pork like the military and the NSA, NRO, etc.

>>1413529
eisenhower style tax brackets

>>1413531
Or we could cut pork like welfare, medicaid, etc.

>>1413534
Well everyone knew the republicans were going to kill SSI and CHIP and TANF. They wouldn't be on brand if they didn't. Democrats will restore them back when they're in power next like what always happens.

If Congress did its job they wouldn't have to keep raiding the Social Security tax for other thing. As you probably don't know due to not being American, Social Security withholding isn't the same as the income tax.

>>1413536
*things

>>1413536
>Well everyone knew the republicans were going to kill SSI and CHIP
>“President Trump Secures $200B Investment from Micron Technology for Memory Chip Manufacturing in the United States”
As you probably don't know due to not being American...

>>1413538
retard
https://www.healthcare.gov/medicaid-chip/childrens-health-insurance-program/

>>1413538
>third world moment
Lmao

>>1413538
>Social Security: Brought to you by Crypto.com!