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Ocasio-Cortez Slams Trump Tax Bill as Wealthy Favoritism

7/3/2025

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Ocasio-Cortez Condemns Tax Bill

Rep. Alexandria Ocasio-Cortez fiercely condemned President Trump's tax bill, calling the "no tax on tips" provision a "scam" that favors the wealthy at the expense of low-income workers who depend on vital programs like Medicaid and SNAP. This controversial bill has sparked significant backlash from Democrats, raising alarms about potential federal deficits.

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Trump Advances Tax Bill

The Senate has greenlit President Trump's ambitious "One Big Beautiful Bill," which aims to abolish federal income tax on tips for tipped workers. While supporters cheer the move, critics warn it primarily benefits higher earners, leaving low-wage workers unaffected. Concerns are mounting over the bill's potential to balloon the federal deficit.

History

Historical Context

The Tax Cuts and Jobs Act, signed into law by President Trump on December 22, 2017, reduced the corporate tax rate from 35% to 21%, contributing to an estimated $1.5 trillion increase in the federal deficit over ten years. This legislation has faced criticism for favoring the wealthy while potentially exacerbating economic inequality and straining resources for low-income programs like Medicaid and SNAP.

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Ocasio-Cortez Condemns Tax Bill

Rep. Alexandria Ocasio-Cortez fiercely condemned President Trump's tax bill, calling the "no tax on tips" provision a "scam" that favors the wealthy at the expense of low-income workers who depend on vital programs like Medicaid and SNAP. This controversial bill has sparked significant backlash from Democrats, raising alarms about potential federal deficits.

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