The Congressional Budget Office (CBO) has released an analysis of President Donald Trump’s recently enacted tax legislation, commonly referred to as the "Big Ugly Law" or "Big Beautiful Bill." According to the nonpartisan CBO, the law results in a substantial redistribution of income from lower-income to wealthier Americans. The poorest 10% of American households are projected to lose approximately $1,200 annually, primarily due to cuts in social spending programs such as Medicaid and food assistance. In contrast, the richest 10% are expected to see an average income increase of about $13,600 per year, largely through tax breaks. This legislation is characterized as the largest transfer of wealth from working-class families to the ultra-rich in U.S. history. Additionally, the bill is estimated to add $4 trillion to the national debt. The CBO’s findings have drawn criticism for exacerbating income inequality and increasing financial burdens on struggling families while benefiting billionaires and high-income households.