“One Big Beautiful Bill Act” Senate GOP Tax Plan: Details and Analysis
Our preliminary analysis of the Senate Finance tax plan finds the major tax provisions would increase long-run GDP by 1.2 percent and reduce federal tax revenue by $5 trillion over the next decade.
https://taxfoundation.org/rese....arch/all/federal/big
Budget Reconciliation: Tracking the 2025 Trump Tax Cuts
Our experts are providing the latest details and analysis of proposed federal tax policy changes.
https://taxfoundation.org/rese....arch/all/federal/tru
Senate sends tax bill back to House, with SALT seasoning
The one big tax and domestic policy bill continues its legislative ping pong, with the latest volley being from the Senate. That chamber's version has gone back to the House for approval. Or not. (Image by djimenezhdez from Pixabay) The Senate approved the Trump administration's massive tax and domestic agenda bill today. Now the House must vote on it again, this time to sign off on the Senate changes to the original One Big Beautiful Bill (OBB Act. There's a chance the House could reject the bill. After all, the agreed-to bill wasn't that popular in the Senate. It just...
https://www.dontmesswithtaxes.....com/2025/07/senate-s
Tax differences in House and Senate big bill versions
Will U.S. Representatives be able to celebrate July 4th at home? It depends on how quickly they can resolve the differences between the One Big Beautiful Bill (OBB tax and budget bill they sent to the Senate and the version the upper chamber sent back to the House. There’s debate on how beautiful, or not, the bill is, but all agree the thing is big. That’s produces many potential changes that could affect millions of Americans. Since this is a tax blog, and for simplicity’s sake, here are the key differences in the two big bill version in some tax...
https://www.dontmesswithtaxes.....com/2025/07/tax-diff
Taxes and the Road to Revolution: A Brief Overview
Independence Day is notable for its insistence not just on light taxation, but more importantly on taxation being subject to the consent of the governed through a representative form of government.
https://taxfoundation.org/blog..../independence-day-ta
