The Logical Leftist
@logicallyleftist·273K subscribers·15.5K videos
GOP Tax Scam Gives 83% Of The Gains To The Rich
Posted
December 19, 2017
Views
2,185
Likes
142
Comments
39
Engagement
8.28%
December 19, 2017
2,185
142
39
8.28%
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14:46Now PlayingHelp us cover the political revolution
"By 2027, more than half of all Americans — 53 percent — would pay more in taxes under the tax bill agreed to by House and Senate Republicans, a new analysis by the Tax Policy Center finds. That year, 82.8 percent of the bill’s benefit would go to the top 1 percent, up from 62.1 under the Senate bill.
And even in the first years of the bill's implementation, when it’s an across-the-board tax cut, the benefits of the law would be heavily concentrated among the upper-middle and upper-class Americans, with nearly two-thirds of the benefit going to the richest fifth of Americans in 2018."
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