Rolling Stone: How Trump Took the Middle Class to the Cleaners

The Christmas present Trump promised the middle class turned out to be a trinket. The tax cut’s benefits to middle-wage earners worked out to about $65 a month, according to numbers crunched by the nonpartisan Institute on Taxation and Economic Policy. As passed, the income tax cuts will begin to phase out in 2025, and by 2027 many working-class wage earners will face a higher tax burden. Read more