Here's how the big, ugly bill screws the poor

[iemanja]

Besides cutting Medicaid and other services, the actual tax "cuts" are actually increases for the bottom third of incomes.

The Lowest-Income Households Lose
The Congressional Budget Office mentions that the lowest three deciles of household income will lose from this bill. Here’s the breakdown based on the net effect of the bill:

Lowest 10%: -3.9%
10%-20% range: -1.2%
20%-30% range: -0.4%
The lowest decile is projected to lose an average of $1,559 per year from now until 2034. The Congressional Budget Office assigned net losses of $749 and $312 per year from 2026-2034 for the next two lowest household income deciles, respectively.

The Higher Income Households Get Big Savings [only not so "big" for most incomes].
The Congressional Budget Office also highlighted how wealthier households are projected to benefit nicely from the bill. There isn’t much of a jump until you reach the highest decile of earners. Here’s the breakdown:

30%-40% range: 0.1%
40%-50% range: 0.5%
50%-60% range: 0.8%
60%-70% range: 1.1%
70%-80% range: 1.3%
80%-90% range: 1.5%
90%-100% range: 2.3%
Household income for the top decile is projected to increase by $12,044 per year from 2026 to 2034. The second-highest decile is forecasted to save an additional $3,275 per year during that timeframe. The average annual change in resources per household steadily declines from there, in line with the percentages from earlier.

https://www.msn.com/en-us/money/personalfinance/here-s-how-much-every-tax-bracket-would-gain-or-lose-under-trump-s-big-beautiful-bill/ar-AA1Icen1?ocid=msedgntp&pc=HCTS&cvid=0336063cfa7d436d9239ced86e98e895&ei=11