One Big Beautiful Bill Act (OBBBA)
Coverage of One Big Beautiful Bill Act (OBBBA) in the Nexus archive.
- 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.
- Gun rights gets 'greatest restoration' in 100 years with latest Trump DOJ move, lawmaker hails
Gun rights advocates are celebrating a ruling that makes obtaining firearm suppressors and certain weapons easier, following reductions to taxes previously established by the National Firearms Act of 1934. Lawmaker Andrew Clyde stated this action removed tax restrictions, enabling groups to argue that added federal registration requirements are therefore unconstitutional.
- Gun rights gets 'greatest restoration' in 100 years with latest Trump DOJ move, lawmaker hails
Gun rights advocates are celebrating a recent ruling that makes it easier to obtain suppressors and certain weapons, which one lawmaker called the "greatest restoration" of Second Amendment rights. This change resulted from reducing the tax on items like silencers from $200 under the National Firearms Act of 1934 to $0 in the One Big Beautiful Bill Act (OBBBA). The ruling prompted activists to argue that the resulting registration requirement was unconstitutional.