The top 1% gets an almost $65,000 tax cut.
Low-income people who are paid such low wages that they only earn a fraction of that amount in an entire year get their food assistance & health coverage cut.
Low-income people who are paid such low wages that they only earn a fraction of that amount in an entire year get their food assistance & health coverage cut.
Reposted from
Brendan Duke
New @centeronbudget.bsky.social analysis of the draft GOP tax plan released yesterday:
Unsurprisingly, it provides enormous tax cuts for the wealthy—including an average annual $65k cut for the top 1%—while doing little for low- and moderate-income families in 2027 (and even less by 2029).
Unsurprisingly, it provides enormous tax cuts for the wealthy—including an average annual $65k cut for the top 1%—while doing little for low- and moderate-income families in 2027 (and even less by 2029).
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