Donald Trump’s One Big Beautiful Bill is a $4 trillion tax charade

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Revision as of 17:13, October 14, 2025 by Yaron Koren (talk | contribs) (Created page with "{{Item |author=Thomas Kahn |source=Chicago Tribune |date=July 8, 2025 |url=https://www.chicagotribune.com/2025/07/08/opinion-big-beautiful-bill-donald-trump-us-deficit/ |quote=The trick is remarkably bold. When the Trump tax cuts passed in 2017, most were set to expire in 2025 to reduce their projected 10-year cost. Now, Republicans have made the expiring tax cuts permanent — but instead of acknowledging they would expire unless extended, they’re pretending the cuts...")
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This is an opinion item.

Author(s) Thomas Kahn
Source Chicago Tribune
Date July 8, 2025
URL https://www.chicagotribune.com/2025/07/08/opinion-big-beautiful-bill-donald-trump-us-deficit/
Quote
The trick is remarkably bold. When the Trump tax cuts passed in 2017, most were set to expire in 2025 to reduce their projected 10-year cost. Now, Republicans have made the expiring tax cuts permanent — but instead of acknowledging they would expire unless extended, they’re pretending the cuts are already permanent. That allows them to claim the extension is free. Imagine signing up for a one-month Netflix trial. When the month ends, you extend the subscription indefinitely — but insist it’s free because you already paid once. That’s the bizarre logic behind this scam.


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This item argues for the position Act should not have been passed on the topic One Big Beautiful Bill Act.