Tuesday, October 10, 2017

Republicans’ tax plan gives the top 1 percent of households a $207,000 tax cut; Bottom 20 percent get $50

Republicans’ tax plan gives the top 1 percent of households a $207,000 tax cut; Bottom 20 percent get $50: Last week, Republicans unveiled a framework for their plan to cut taxes. And despite repeatedly claiming they would provide a “middle-class tax cut,” it was clear from the meager details provided that this plan offered nothing of the sort. Instead, as we long suspected would be the case, an analysis by the Tax Policy Center …

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