On May 22, 2025, Mike Collins cast one of the votes that passed the House version of the One Big Beautiful Bill Act 215 to 214, and on July 3 he voted for final passage. The Congressional Budget Office estimates the law adds $4.2 trillion to the national debt through 2034.
Collins also voted for the budget plan that allowed the tax cuts, which passed 216 to 214, and in April 2026 for a House resolution praising the law as the "Working Families Tax Cuts." He said "every single American will benefit"; the Congressional Budget Office found the lowest-income households lose about $1,200 a year.
Collins is also a cosponsor of the FairTax Act, which would replace the income tax with a national sales tax that a Tax Policy Center analyst said would bring middle-income earners a "pretty significant tax increase."
Mike Collins's Votes and Statements on the Tax Law and the Deficit
- Collins Cast One of the Votes That Passed the Tax and Spending Bill by a Single Vote, Then Voted for the Final Law, in 2025. On May 22, 2025, Mike Collins voted yes on the House version of the One Big Beautiful Bill Act, which passed 215 to 214 with one member voting present, so any one of the yes votes switching would have defeated it. On July 3, 2025, Collins voted yes on final passage, which passed 218 to 214. The Congressional Budget Office estimates that under the law the top decile will receive a windfall of $13,600 every year, and its updated estimate is that the law will add $4.2 trillion to the national debt through 2034 and $4.7 trillion through 2035. It would also boost interest rates and thus increase interest costs by $405 billion, the Committee for a Responsible Federal Budget reports from the CBO estimate.
- Collins Voted for the Budget Plan That Allowed $4.5 Trillion in Deficit-Financed Tax Cuts, by Two Votes, in April 2025. On April 10, 2025, Collins voted yes on the final budget resolution, H.Con.Res. 14, which passed 216 to 214, so a switch by him alone would have tied it, and a tie fails. It let the Ways and Means Committee write tax changes that increase the deficit by not more than $4,500,000,000,000 for fiscal years 2025 through 2034. The Senate version of the bill that the resolution set up, which became law, costs more over the 2025-2034 window than the House version, the Yale Budget Lab found.
- Collins Voted for a Resolution Claiming the Law Cuts Taxes 15 Percent for the Bottom 40 Percent, in April 2026. On April 16, 2026, Collins voted yes on H.Res. 1156, which passed 219 to 207 and praised the law as the "Working Families Tax Cuts." The resolution states that the law will result in a 15 percent tax cut for Americans whose income is in the bottom 40 percent, a figure that counts only tax changes. The Institute on Taxation and Economic Policy found that for the poorest fifth of Americans, the average tax change from OBBBA is a small tax increase, while the average tax change for the richest one percent under OBBBA is more than $70,000 this year.
- Collins Cosponsored the FairTax Act, Which Would Replace the Income Tax With a 23 Percent National Sales Tax, in 2023 and 2025. On February 14, 2025, Mike Collins signed on as a cosponsor of H.R. 25, the FairTax Act of 2025 (cosponsor record), after cosponsoring the 2023 version on January 13, 2023 (2023 cosponsor record). The bill's stated purpose is repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax, and it sets the rate for 2027 at 23 percent of the gross payments for taxable property or services. In 2014, his first House campaign plan said, "We must simplify the tax code and move as close as possible to a flat tax or to the Fair Tax." The bill is in committee. If it were enacted, middle-income earners would see a "pretty significant tax increase" and the wealthiest Americans would see the biggest cuts, according to John Buhl of the Tax Policy Center, CNBC reported in January 2023.
- Collins Said "Every Single American Will Benefit" From the Bill; CBO Found the Lowest-Income Households Lose. On June 5, 2025, two weeks after the House vote, Collins posted: "Every single American will benefit from the lower taxes and increased national security in the One Big, Beautiful Bill." The Congressional Budget Office found that, under the law as enacted, the lowest-income earners will lose an average $1,200 in overall household resources a year, mostly because of its Medicaid and SNAP cuts, and the Yale Budget Lab reports that CBO found the bottom two deciles of households will see a net reduction in their resources.
What the Tax Law Mike Collins Voted For Costs Georgia
- Medicaid money paying for the tax cuts. KFF's allocation of the Congressional Budget Office estimate is that the law cuts federal Medicaid funding for Georgia by about $7.6 billion over ten years.
- Coverage. KFF projects 500,000 more uninsured Georgians in 2034 under the law and the expired credits together, and the Center for American Progress projects 36,000 more uninsured in Georgia's 10th District.
- Interest costs. The Congressional Budget Office's February 2026 outlook projects that interest on the debt will more than double from $970 billion in 2025 to $2.1 trillion by 2036, which reflects the law along with other changes.
Frequently Asked Questions About Mike Collins on Taxes and the deficit
What is Mike Collins's record on taxes and the deficit under Trump?
Mike Collins voted for the One Big Beautiful Bill Act's House version on May 22, 2025, when it passed by one vote, and for final passage on July 3, 2025; he also voted for the budget plan that allowed up to $4.5 trillion in deficit-financed tax cuts and, in April 2026, for a resolution praising the law. He said every American would benefit, while the Congressional Budget Office found the lowest-income earners will lose.
Who gets the biggest tax cuts from the law Mike Collins voted for?
The richest gain the most: the Institute on Taxation and Economic Policy estimates that under the law Mike Collins voted for, more than 70 percent of the net tax cuts will go to the richest fifth in 2026.
How much does the law Mike Collins voted for add to the debt?
The law Mike Collins voted for on July 3, 2025 adds $4.7 trillion through 2035 to the national debt, according to the Congressional Budget Office's updated estimate, and interest on the debt is projected to reach $2.1 trillion by 2036.
Does Mike Collins support a national sales tax?
Yes. Mike Collins is a cosponsor of the FairTax Act of 2025, which would abolish the Internal Revenue Service and set the 2027 sales tax rate at 23 percent of the gross payments for goods and services. The bill also repeals payroll taxes, and its payroll-tax section adds: "Funding of Social Security.--For funding of the Social Security Trust Funds from general revenue."
Last updated: 2026-10-25