Core Points - The "Big and Beautiful" bill, heavily promoted by Trump, has passed through Congress and was signed into law on July 4, benefiting large corporations and billionaires while causing discontent among many Americans [1][4] - The bill retains key provisions from the 2017 tax cuts, including a 3% increase in after-tax income for taxpayers earning over $1 million and a permanent reduction of the corporate tax rate from 35% to 21% [1][4] - A provision allowing wealthy venture capitalists to invest in specific startups and enjoy tax exemptions on up to $10 million in income is included, further benefiting the affluent [1] Tax and Welfare Implications - Over 75% of the revenue generated from the bill is expected to flow into the pockets of the wealthy, with a permanent tax exemption limit for estate and gift taxes set to rise to $15 million in 2026, and up to $30 million for couples [4] - The bill significantly cuts federal medical assistance, particularly affecting healthcare for the poor and disabled, with an estimated 17 million Americans losing health insurance as a result [4][10] - The legislation also reduces food stamp programs, impacting 3 million Americans who rely on food assistance, exacerbating their financial struggles [7] Energy Sector Impact - The bill terminates financial support for the renewable energy sector, which could lead to an energy crisis in the U.S. as electricity demand continues to rise [8][9] - According to the U.S. Energy Information Administration, 93% of new grid capacity by 2025 is expected to come from renewable sources, making the cuts particularly concerning [8] - The cessation of tax breaks for the renewable sector may result in increased electricity prices, which have already risen by an average of 13% annually since 2022 [9] Government Spending and Debt - The bill increases the federal debt ceiling by $5 trillion, raising concerns about fiscal discipline and government spending under the current administration [9][10] - The budget for the Immigration and Customs Enforcement (ICE) has doubled, highlighting a shift in government priorities towards enforcement rather than welfare [9]
特朗普力推的“大而美”法案,看上去不太美
Zhong Guo Xin Wen Wang·2025-07-05 11:33