Overall, American households will see more income from the tax cuts in the legislation, including middle income households, but the largest benefit will go to the top 10% of earners.
Trump’s ‘Big, Beautiful’ tax bill would cost poor Americans $1,600 a year while boosting highest earners by $12,000, CBO says
BY FATIMA HUSSEIN AND ASSOCIATED PRESS
June 13, 2025
Budget office confirms that Trump’s tax law will add $3.4 trillion to deficits
BY KEVIN FREKING AND ASSOCIATED PRESS
States where residents could see the biggest tax benefit from Trump's 'big beautiful bill'
Richest Gain Most and Poorest Face Steepest Cuts Under G.O.P. Law, Analysis Finds
Trump's 'big beautiful' bill will cut $186 billion from SNAP through 2035—how states might handle the changes
