Republicans are counting on President Donald Trump’s “big, beautiful bill” to be a winner with voters, while Democrats hope to make the massive law politically toxic ahead of the 2026 midterm elections.

Democrats say Republicans have given them a political gift in President Trump’s “big, beautiful bill.” They say they can easily sell the bill to the public as a threat to working-class voters, given its cuts to Medicaid and food assistance programs and significant tax breaks for the ultrawealthy.

The Big Beautiful Bill represents one of the most comprehensive overhauls of tax legislation in recent history. Its impacts will unfold over time, but what remains clear is that effective estate planning has never been more important.