Trump, tax bill and how big and beautiful
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A proposed US bill, dubbed 'The One Big Beautiful Bill,' could impose a 3.5% remittance tax on money transfers from the US to India by 2026, impacting Indian immigrants, including H-1B visa holders and permanent residents.
The Institute on Taxation and Economic Policy released a state-by-state analysis of the tax provisions of the “Big Beautiful Bill Act.”
A recent survey found that several policies contained in the House version of President Donald Trump’s “one big, beautiful bill”
The national school voucher program will make the rich richer and further marginalize students based on religious, economic and disability.
Colleges and universities will likely face an increase in taxes on their endowments after Republicans’ “ Big, Beautiful Bill ” passed the House and is now headed to the Senate.
The bill passed the House on Thursday, May 22, with all Democrats and two Republicans voting against it after an-all night debate.
7don MSN
Among the proposals in the Trump administration's and House Republicans' Big, Beautiful Bill is the elimination of the federal clean vehicle tax incentive.
1don MSN
Others, including Sen. Ron Johnson (R-WI), have voiced similar concerns about the bill’s steep cost, worrying that it is “mortgaging our children's future.”