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What’s In a Name? - Taxpayers for Common Sense

Summary by taxpayer.net
The One Big Beautiful Bill Act, signed into law in July, has a variety of nicknames. Some call it the reconciliation bill, referring to the special budgetary procedure used by the Senate to pass the legislation. Others call it the “Trump tax bill.” As PoliticoPro reported in July, nicknames for individual provisions—such as the Net CFC Tested Income tax—have also sparked debate. In keeping with our nonpartisan tradition, TCS refers to the law by…
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taxpayer.net broke the news in on Monday, August 11, 2025.
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