Yale: Combined Distributional Effects of the One Big Beautiful Bill Act and of Tariffs: bottom 10% -6.5%, top 10% +1.5%

[muriel_volestrangler]

Or "Steal from the Poor, Give to the Rich, silly ...":

The combination of 2025 tariff increases implemented as of June 1 and the One Big Beautiful Bill Act passed by the House of Representatives would reduce after-tax-and-transfer incomes on average among the bottom 80 percent of U.S. households.

The bottom ten percent of households would see an average reduction of more than 6.5 percent in incomes, while those at the top would see an increase of nearly 1.5 percent.



https://budgetlab.yale.edu/research/combined-distributional-effects-one-big-beautiful-bill-act-and-tariffs

(The black dots are the combined effect)

Via Lawyers Guns & Money

[newdeal2]

1. No wonder he loves the uneducated

This bill is horrendous for many reasons, but the only way they can sell it to the poor is by hurting brown immigrants.