Consequences of Trump’s tax law
Bitter message for many US citizens
Updated on 12.08.2025 – 6:58 a.m.Reading time: 2 min.
There are terrifying numbers for the Americans: millions of health insurance could lose in the coming years. Above all, a group is affected.
The gap between poor and the empire in the USA will most likely be open in the next ten years. This has to do with the policy of the US President. He had promised his voters all sorts of benefits. So he wanted to boost the economy, create a lot of jobs and of course get tax relief for everyone.
That Donald Trump’s most comprehensive law package – called “Big Beautiful Bill” (“Great, beautiful law”)) so far – but above all use the American upper class, not only warned the Democrats early, but also numerous experts. Now it seems to be confirmed once again that the unequal distribution in the United States is increasing under the Republican President.
The shock message came in the crook Sprüder. As can be seen from a, updated, updated estimate of the Contracious Budget Office of the Congress (CBO), the Armest Armest Income will decrease by Trump’s law by $ 1,200 a year. Households with medium -sized incomes can therefore count at $ 800 to $ 1,200, while the wealthiest increases by $ 13,400.
The “beautiful law” cuts in the wallet should mean that low -income households, especially for low -income households. But it gets worse. Because the law, which has been in force since July, finances the extension of tax cuts, among other things, through restrictions on access to the state health insurance program Medicaid for low -wage earners. This means that under Donald Trump, ten million US citizens will probably lose their health insurance in the coming years.
The tax cuts for the wealthy in the country still come from Trump’s first legislative period in the White House. The Democrats under Joe Biden actually decided to let the tax relief expire at the end of the year. But with the change of power, the signs changed again. In addition to the deep cuts in health insurance, the new legislation also provides for cuts in the Supplemental Nutrition Assistance Program (SNAP), with which low -income families can obtain meal brands. Credit options for students from underprivileged conditions are also affected by the cuts.
The current figures were determined at the request of the Democrats, but by a non -partisan body, the CBO. The institution does not give any political recommendations, it only collects data and works with both parties in the congress. It sees itself as independent of the government.
However, the Republicans criticized the numbers of the committee. They argue that the economic upswing caused by tax relief would ultimately benefit all Americans. However, according to the latest figures in the US statistics authority, this upswing has so far been nothing to see. On the contrary, the unemployment figures recently increased slightly. Trump then fired the boss of the statistics authority.
The Democratic MP in the US House of Representatives, Brendan Boyle, wrote after the figures became known at X: “So we have just been confirmed that Trump makes his billionaire friends even richer at the expense of American families.” And Boyle also wrote: “This is probably the greatest redistribution in favor of the super rich in history.”
