
The so-called One Big Beautiful Bill (OBBB), just signed into law by President Trump, is being pitched by many in the GOP as a once-in-a-generation tax overhaul. Supporters say it will put money back in Americans’ pockets and restore the United States’ economy.
And that’s not really surprising since for a while now, President Trump has promised “the biggest, most beautiful tax cut you’ve ever seen,” insisting that families and businesses alike will reap the rewards.