Pretty much everyone pooh-poohed President Trump 47 for openly and tirelessly supporting passage of his wide-ranging tax proposal dubbed One Big Beautiful Bill (OBBB). Washington “insiders” know that things are just not done that way in D.C., preferring an incremental approach. For the most part, the insiders are right. Far-reaching tax legislation is seldom popular among taxpayers, likely because experience has made us all suspicious. But with Trump, usual and customary is not the flavor of the month.

OBBB slowly became both acronym and legislation for Trump’s second major Tax Code overhaul. Against strong political headwinds, OBBB passed and was signed into law on Trump’s original target date of July 4, 2025. Immediately, Trump’s political opponents dove headfirst into their thematic resistance, using a disinformation campaign of epic proportions. Their rallying cry was (again), “Tax cuts for millionaires and billionaires.” As usual, the legacy media was quick to oppose Trump, endlessly parroting the false depiction.

Under OBBBA (“A” stands for “Act”), a vast majority of taxpayers are better off financially. NOT by just a little, and the only losers are some uber-high-income Americans.

Far from providing “tax cuts for the rich,” OBBBA prevented scheduled tax increases on everyone. The Tax Cuts and Jobs Act of 2017 (TCJA) temporarily (Tax Years 2018 through 2025) provided tax cuts for most Americans, but the Act was set to expire on January 1, 2026. OBBBA made those tax reductions permanent, saving average American families approximately $2,900 annually.

Additionally, OBBBA cut taxes even further for most Americans, and some of these cuts are retroactive to January 1, 2025. Most notable are provisions called No Tax on Tips and No Tax on Overtime. These provisions were Trump campaign promises, and are now the law of the land, except for America’s highest-income taxpayers. Only Lower-income and Middle-income Americans reap the benefits from these provisions.

Throughout history, “Big Lies” have been propagated by politicians and by the complicit legacy media. Media coverage of OBBBA is a classic example of this “unholy alliance.” OBBBA should be revered, rather than reviled.

Overall tax savings for an average American household with 2 children are estimated to be $7,400 per household, each and every year of the Trump 47 Administration. Shameless are the political and media forces obstructing this information from the general public. The Truth will change public opinion.

It is time to stop the lies, embrace good news, and pocket our savings.