The Truth about the “Big Beautiful Bill” (Public Law 119-21)
In Washington, they’re calling it the “Big Beautiful Bill”—a sweeping package of tax breaks, spending cuts, and political talking points. But behind the flashy branding and headline promises lies a hard truth: this law prioritizes the wealthy and well-connected while putting working families, children, and vulnerable communities at risk.
This page breaks down what Public Law 119-21 really means for Black Long Islanders and other everyday Americans. We separate fact from fiction, show who’s paying the price, and explain why this bill matters—not just in D.C., but right here at home.
Get the facts. Follow the money. Then decide for yourself: who is this bill really built for?
WHAT THE LAW SAYS VS. WHAT IT ACTUALLY DOES
Public Law 119-21 (formerly H.R. 7024) was signed into law in June 2025. While supporters call it a "family-friendly tax cut" bill, a deeper analysis shows it benefits the wealthy at the expense of working-class communities, seniors, and vulnerable populations.
WHO BENEFITS MOST
This chart shows how different income groups are affected by Public Law 119-21—the so-called “Big Beautiful Bill.
What it reveals:
The wealthiest Americans get the biggest benefits.
Households making over $200,000 a year—especially the top 1% who earn $650,000+—gain the most from the tax breaks and policy changes in the bill.Middle-class and lower-income families see little to no help.
Families earning under $125,000 a year, which includes most working families, get minimal or no real benefit. Some may even lose out due to cuts to programs like Medicaid and SNAP (food stamps).
References for “Who Benefits by Income” ChartTax Policy Center – Updated Analysis of the Tax Cuts and Jobs Act (Breaks down benefit distribution by income bracket, including top 1%)Center on Budget and Policy Priorities (CBPP) – Analysis of Child Tax Credit Changes (Shows how refundable CTC affected low-income families)Congressional Research Service – The Child Tax Credit: Current Law and Legislative History (Outlines the policy differences year by year)Committee for a Responsible Federal Budget – Who Benefits from SALT Cap Changes? (Provides detailed analysis of SALT cap increases by income level)Institute on Taxation and Economic Policy – Who Benefits From the Trump Tax Cuts? (Breaks down tax benefits by income group and policy provision)
References for “Key Provisions & Impact” ChartCBPP – House Republican Debt Limit Bill Would Push Millions Into Poverty (Medicaid, SNAP, and low-income impact)NRDC – Analysis of Clean Energy Rollbacks (Details effects of eliminating clean energy tax credits)ACLU – Doubling ICE Funding and Immigration Detention Issues (Focus on civil liberties and due process risks)CRFB – SALT Deduction Expansion Analysis (Explains how raising the cap mostly benefits high earners)Congress.gov – Public Law 119-21 Full Text (H.R. 7024) (Primary source of bill language and summary)