How Trump’s Tax Law Is Creating Clear Winners and Losers | WSJ

Government

President Trump had a significant victory this summer with the passing of his “big, beautiful bill.” The new law extended tax cuts expiring at the end of this year, created new deductions for overtime pay and tipped workers and more. But how has Trump’s megabill impacted small businesses? WSJ’s tax reporter Richard Rubin visits two businesses – one that benefited from President Trump’s signature tax-and-spending law and one that didn’t – to see how different provisions are playing out along a

How Trump’s Tax Law Is Creating Clear Winners and Losers | WSJ The Wall Street Journal - 16.12.2025 19:01

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How Trump’s Tax Law Is Creating Clear Winners and Losers | WSJ The Wall Street Journal - 16.12.2025 19:01