Who Won and Lost in Trump’s Tax Bill?

US President Donald Trump’s tax bill has resulted in a mix of winners and losers among various groups. Key beneficiaries include business investors, who are expected to see significant gains from the reduced corporate tax rate.

In contrast, elite universities face increased levies, while immigrants are also negatively impacted by the changes. The House of Representatives passed the bill in a narrow 218-214 vote just ahead of Trump’s self-imposed July 4 deadline.

Source: https://www.bloomberg.com/news/articles/2025-07-03/one-big-beautiful-bill-s-winners-and-losers-businesses-immigrants