Trump’s Big Ugly Megabill is a budget dream come true for billionaires and corporate lobbyists and a nightmare for states. The nearly 900-page bill poses brutal consequences, especially for working class people.
Quoted Staff Member
July 29, 2025
State Innovation Exchange: Funding Our Futures Despite Trump’s Big Ugly Megabill
Institute on Taxation
and Economic Policy
ITEP is a non-profit, non-partisan tax policy organization. We conduct rigorous analyses of tax and economic proposals and provide data-driven recommendations to shape equitable and sustainable tax systems.
Subscribe to ITEP Emails
Tax research and policy news in your inbox.
Promote Fair Tax Policy
Your gift to ITEP promotes tax justice. With your help, we do research that supports taxing millionaires and billionaires, taxing big corporations and raising revenue for the things our people, our communities and our planet need.
Together, we can create a country with more economic justice, more racial justice, more climate justice… and more tax justice.