NewsBite

Trump’s tax bill a ‘ticking bomb’ for Republicans and investors

Washington | New York | Donald Trump has moved a big step closer to fulfilling a key objective of his second term with the passage of his sweeping, “big beautiful” tax bill by a slim majority in the House of Representatives.

However, while Trump and his Republican allies celebrated after the bill passed by a single vote on Thursday, the legislation could become a poisoned chalice for the president and his party.

Loading...

Financial Times

Read More

Latest In North America

Fetching latest articles

Most Viewed In World

    Original URL: https://www.afr.com/world/north-america/trump-s-tax-bill-is-a-ticking-bomb-for-republicans-and-investors-20250523-p5m1le