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Explainer: What’s In the GOP Tax Bill?
Listen to story:
https://dn721303.ca.archive.org/0/items/2025-05-13-RUWS/2025_05_13_Matt_Gardner.mp3Download: mp3 (Duration: 23:44)
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FEATURING MATT GARDNER - Channelling Donald Trump’s childish diction, the Republican-controlled House Ways and Means Committee has named the GOP’s tax and immigration legislation, “THE ONE, BIG, BEAUTIFUL BILL.”
💡New feature for paid subscribers! Read the rough transcript of the interview below.The bill would permanently codify changes made to the tax system under Trump’s 2017 tax law. It would additionally cut taxes on offshored corporate profits and numerous forms of income, including tips and Social Security benefits, and would cut billions from the Medicaid program to pay for those tax cuts. The bill also aims to undo President Joe Biden’s student loan forgiveness and climate progress, among many other things. But Trump has called on Republicans to raise taxes on the wealthiest Americans.
The whole thing sounds a complicated mess, but not to fear, Matt Gardner, Senior Fellow at the Institute on Taxation and Economic Policy helps make sense of this so-called “BIG, BEAUTIFUL BILL.”
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By Rising Up With Sonali
4.8
6666 ratings
Listen to story:
https://dn721303.ca.archive.org/0/items/2025-05-13-RUWS/2025_05_13_Matt_Gardner.mp3Download: mp3 (Duration: 23:44)
This video content is only available to paid subscribers. (We hate paywalls too, but journalists gotta eat!)
Subscribe for as little as $4 a month (5-day free trial)
FEATURING MATT GARDNER - Channelling Donald Trump’s childish diction, the Republican-controlled House Ways and Means Committee has named the GOP’s tax and immigration legislation, “THE ONE, BIG, BEAUTIFUL BILL.”
💡New feature for paid subscribers! Read the rough transcript of the interview below.The bill would permanently codify changes made to the tax system under Trump’s 2017 tax law. It would additionally cut taxes on offshored corporate profits and numerous forms of income, including tips and Social Security benefits, and would cut billions from the Medicaid program to pay for those tax cuts. The bill also aims to undo President Joe Biden’s student loan forgiveness and climate progress, among many other things. But Trump has called on Republicans to raise taxes on the wealthiest Americans.
The whole thing sounds a complicated mess, but not to fear, Matt Gardner, Senior Fellow at the Institute on Taxation and Economic Policy helps make sense of this so-called “BIG, BEAUTIFUL BILL.”
This post is for paying subscribers only
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