Fact Check: Donald trumps big beautiful bill is going to make the rich richer and the poor poorer

Fact-Check: "Donald Trump's Big Beautiful Bill is going to make the rich richer and the poor poorer"

What We Know

The claim that "Donald Trump's Big Beautiful Bill is going to make the rich richer and the poor poorer" is supported by several analyses, particularly from non-partisan organizations such as the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT). According to a report from the House Budget Committee, the bill is designed to provide significant tax cuts to the ultra-rich while imposing cuts to essential services that disproportionately affect low-income families.

Specifically, the CBO has estimated that households in the lowest income decile, earning $24,000 or less, would lose about $1,200 annually due to cuts to Medicaid and food assistance programs, which represents over 3% of their total income. In contrast, families earning over $700,000 would see an annual tax cut of approximately $13,600, primarily from tax reductions (House Budget Committee, 2023).

Furthermore, the JCT's analysis indicates that working-class individuals may face tax increases, while the wealthiest Americans could benefit from tax cuts averaging tens of thousands of dollars each year. For example, individuals earning over $1 million could see their taxes decrease by $97,000 by 2027 (NBC News, 2023).

Analysis

The evidence presented by the CBO and JCT is compelling and comes from reputable, non-partisan sources. The CBO's findings are particularly noteworthy as they provide a comprehensive analysis of the bill's potential impacts on various income groups. The data indicates a clear trend: the wealthiest Americans stand to gain significantly from the proposed tax cuts, while lower-income households are likely to experience financial strain due to cuts in social services and potential tax increases.

Critically, while some may argue that tax cuts can stimulate economic growth, the specific provisions of this bill appear to exacerbate existing inequalities rather than alleviate them. For instance, the CBO's analysis shows that the poorest 10% of Americans could see a 4% decrease in their income over the next decade, while wealthier individuals benefit from substantial tax breaks (Truthout, 2025).

Moreover, the reliability of the sources is high, as they are based on data from established governmental bodies and respected news organizations. The CBO and JCT are known for their impartiality and rigorous analytical methods, making their assessments a credible basis for evaluating the claim.

Conclusion

The claim that "Donald Trump's Big Beautiful Bill is going to make the rich richer and the poor poorer" is True. The evidence from multiple non-partisan analyses indicates that the bill disproportionately benefits the wealthy while imposing significant costs on lower-income families. The findings from the CBO and JCT clearly illustrate a trend towards increased economic inequality as a result of this legislation.

Sources

1. Trump's Big Bill for Billionaires Steals from the Poor to Give to ...
2. Trump's Big Bill Ugly Law Steals from the Poor to Give to the ...
3. Trump's tax law will mostly benefit the rich, while leaving ...
4. Trump’s “Big Beautiful Bill” Redistributes Wealth From the ...
5. CBO: GOP bill favors top 10 percent earners, hurts the poor
6. CBO: Trump's tax law hurts poorest Americans, benefits ...
7. Trump’s impact on poorest, richest Americans revealed by CBO ...
8. CBO: Trump's tax law hurts poorest Americans, benefits ...