Senate Republicans Push Biggest Tax Hike in U.S. History
December 4, 2017
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8:29Now PlayingSenate Republicans Push Biggest Tax Hike in U.S. History
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as posted by the channelTYT contributor Ryan Grim writes for The Intercept that the Republican tax bill increases taxes on the middle class by $4.5 trillion in order to cut taxes on the wealthy and on corporations by $6 trillion. If you discount one side of the ledger—a tactic Republicans have used when claiming that the Affordable Care Act was the largest tax increase in U.S. history—then the $4.5 trillion in additional revenue to be squeezed out of the poor, the working class, and the middle class is the largest tax increase in U.S. history, by a factor of four.
More from Ryan's reporting here
Go to for original reporting from The Young Turks.
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