Colorado Fiscal Institute: One Big Beautiful Betrayal
ITEP Work in ActionAn analysis by the Institute on Taxation and Economic Policy (ITEP) highlights just how lopsided the bill’s tax provisions are. It found that the richest 1% of Americans would receive a staggering $121 billion in net tax cuts in 2026. That’s more than the total tax cuts for the entire bottom 60% of taxpayers, who will get a mere $90 billion.