The Big Beautiful Tax Bill Breakdown: What Small Biz Owners Need to Know
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À propos de cet audio
In this episode of Disrupt Your Money, we pull back the curtain on the One Big Beautiful Bill Act (OBBA)—the shiny new “tax relief” law that’s being sold as a gift to families and small business owners… while quietly shoveling billions toward corporations and high-income households. Spoiler: the marketing doesn’t match the math.
Meg walks through what actually changed in OBBA. From the SALT cap drama to the child tax credit tweak, she shows you who really wins and who’s getting crumbs.
Instead of just doom-scrolling headlines, you’ll learn how to make this law work for you where it can, understand where it falls short, and use that clarity as fuel—not shame.
⏱️ In This Episode:
00:00 Introduction: Why this new tax law matters for our communities
01:43 Breaking down the One Big Beautiful Bill Act (OBBA)
05:20 “Win” #1 – The 20% pass-through (qualified business income) deduction
06:25 “Win” #2 – Standard deduction changes
07:18 SALT cap drama
11:05 How OBBA boosts the Child Tax Credit a bit while adding new earnings requirements that shut out the lowest-income families
16:57 New itemized deduction for auto loan interest
22:36 Healthcare on the line
26:36 How OBBA funnels most benefits up the income ladder while giving temporary crumbs to everyone else
28:12 What to do with this information
30:47 Final recap: what to watch in 2025–2029, how to use the small wins without falling for the spin, and staying politically awake without burning out
🔗 Mentioned in This Episode:
👉 Wealth is Resistance Action Kit – use your money as a tool for change → https://equitablemoneyproject.com/kit
💬 Connect with Us:
🌐 Website → https://equitablemoneyproject.com
📸 Instagram → https://instagram.com/equitablemoneyproject
🎧 Podcast → https://equitablemoneyproject.com/podcast
🚀 Your Next Step:
Ready to make your money match your values and navigate this new tax law on your own terms? Download our free Wealth is Resistance Action Kit → https://equitablemoneyproject.com/kit