Between the Lines: Unpopular GOP Tax Code Revision Rewards Party Donors, Exacerbates Inequality

ALAN ESSIG: It’s basically a Christmas gift to the most profitable corporations and the wealthiest Americans. It is a bill that has been written for and geared towards – and most benefits – that group. There are individual tax cuts included in this also. The individual tax cuts as a share are much smaller than the tax cuts that go to businesses and to the wealthy. The individual tax cuts actually are temporary. They phase out and go away in 2025 while the corporate tax cuts are permanent.

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