The law is a mess, but it lets Americans keep more of the money they earn

You can save this article by registering for free here. Or sign-in if you have an account.

To hear the critics talk, the tax provisions in President Donald Trump’s One, Big, Beautiful Bill (OBBB) are a gift to the uber-wealthy who are, they insist, already undertaxed. Never mind that the law prevents a huge tax hike at the end of the year on most Americans; somehow, it’s bad that the rich will prosper at all. But, while it’s true that the OBBB is more than a bit of a mess and adds cost and complexity to an already excessively bureaucratic state, its tax provisions do some good. Importantly, successful Americans are already paying a disproportionate share of the bill for the bloated U.S. government.

Enjoy the latest local, national and international news.

Enjoy the latest local, national and international news.

Create an account or sign in to continue with your reading experience.

Create an account or sign in to continue with your reading experience.

According to California Governor Gavin Newsom, who desperately hopes to grow up to be president, the OBBB “gives tax breaks to the ultra-rich, balloons our national debt, and guts programs that most Americans depend on — including health care, food assistance, and public safety programs.”

This newsletter tackles hot topics with boldness, verve and wit. (Subscriber-exclusive edition on Fridays)

By signing up you consent to receive the above newsletter from Postmedia Network Inc.

A welcome email is on its way. If you don't see it, please check your junk folder.

The next issue of Platformed will soon be in your inbox.

We encountered an issue signing you up. Please try again

Interested in more newsletters? Browse here.

Beverly Moran, a professor emerita of law at Vanderbilt America, doubles down on that charge,