Donald Trump doesn’t just love billionaires, he loves multimillionaires too

The article critiques US tax policy, claiming it deprives the government of revenue and serves the interests of the rich. It reports that the House passed Donald Trump’s One Big Beautiful Bill Act (OBBBA), which paired a $5tn-plus tax cut with over $1tn-plus in cuts from food stamps and Medicaid. Critics argue this legislation, despite claims to benefit small business owners, is damaging policy for multimillionaires.