Partisans will disagree over how "beautiful" President Donald Trump’s "Big Beautiful Bill" is. But there’s little question that Trump’s signature tax and spending legislation is "big." Since Trump signed the legislation July 4,

But the ugly new law is one of the least popular acts ever.

Here's a look at whether you should be delighted or worried about the bill. (Spoiler: You may want to put away the confetti and noisemakers.)

The final version of the big, beautiful bill that will be signed into law by President Trump on Friday contains the tax provision that limits deductions for losses to 90 percent. It has caused widespread consternation among those who make their living by gambling. And by those who make their living by getting people to gamble.

WSJ subscribers can submit their questions to our tax policy reporter and a news associate in the comments space. Sort by ‘Most Liked’ to see their responses.

The House of Representatives yesterday narrowly passed a sweeping bill to fulfill President Trump’s domestic agenda by extending tax cuts and slashing social safety net programs.

Blackburn: Trump signed a law that cuts your taxes, bolsters border security, and enhances Tennessee jobs, with zero cuts to Medicaid benefits.