Bloomberg: Tax Bill Offers Uneven Benefits and Hikes for Some, Analysts Say
media mentionPresident Donald Trump’s promised tax cut for the middle class comes with some extra baggage in the bill House Republicans are considering: a much larger tax cut for the top 1 percent.
That’s not just a political talking point for Democrats who oppose the House bill. It’s the consensus from two recent independent analyses: one by the left-leaning Institute on Taxation and Economic Policy and the other by the right-leaning Tax Foundation. Read more