In my latest editorial for CGTN, I ask whether the “One Big Beautiful Bill” needs a different name.
Here’s an excerpt:
The Tax Foundation is just one organization issuing warning signs about the legislation. It notes that "political gimmicks and carveouts" can be found everywhere and the provisions contained in the bill "further complicate the tax code in several ways."
Put it all together and Trump's penchant for "huge" guarantees that too many Americans will be impacted and not in good ways. But people all across the world are likely to be hurt as well.