You’re Paying More So Billionaires Pay Less

It’s true: You’re paying more so billionaires pay less. Tax cuts ad redistribution of wealth are things of which we all should be aware. It’s been slightly less than a year since The One Big Beautiful Bill was signed into law. It’s important to take a look back at that piece of legislation other ways in which the middle and lower class are making life even easier for billionaires.

Here is more on the infographic above. This focuses on only five tax cuts and redistribution strategies. There are many more:

1. The One Big Beautiful Bill

The One Big Beautiful Bill (other folks have some radically different names for the law) delivers most of its tax benefits to the wealthy. Independent analyses found that more than 70% of net tax cuts flow to the richest fifth of Americans. That’s followed by the middle fifth, which receives approximately 10%. The poorest fifth less than 1%. The data says the top 10% receive about 80% of total tax breaks. Middle-income families see mixed results and lower-income Americans generally lose once cuts to Medicaid and SNAP are factored in.

2. Medicaid Suffers

To fund tax cuts for the wealthy, the bill takes an axe to Medicaid. The nonpartisan Congressional Budget Office says that about 12 million people will lose coverage. Lower-income families, children, seniors and people with disabilities are most affected. The legislation is projected to add at least $3.3 trillion to the national deficit during the next decade. Health coverage losses will be concentrated entirely among those who are least able to afford the loss.

3. Sapping SNAP

The same legislation dramatically restructures the Supplemental Nutrition Assistance Program (SNAP) program (food stamps). About 22.3 million families are set to lose some or all benefits, per the Urban Institute. States unable to absorb new cost-sharing requirements that require states to cover 5% to 15% of benefit costs if their payment error rate exceeds 6% may reduce or exit the program. SNAP currently serves more than 40 million people including children, seniors and adults with disabilities.

4. Cutting the IRS

The administration has drastically cut IRS staffing and enforcement capacity. Analysts say that this disproportionately benefits the ultra-wealthy with access to complex tax-avoidance schemes that are difficult to detect without robust enforcement. Ordinary wage earners have taxes withheld automatically and cannot opt out. The Institute on Taxation and Economic Policy (ITEP) notes the drastic cuts promotes tax lawlessness. This able to engage in complicated, hard-to-detect evasion schemes now better positioned than ever to do so.

5. Tariffs and Expiring Credits

ITEP analysis finds middle-income Americans face taxes increases of about $900 this year compared to the pre-2025 baselines. This largely is due to tariffs and expiring credits. Meanwhile, the top 1% are set to pay at least $1 trillion less over the next decade. The wealth of the top 1% of Americans grew at nearly three times the rate of the bottom 90% in 2025. The gap now is the largest it’s been in a generation or more— and it still is growing.