Colorado Fiscal Institute: One Big Beautiful Betrayal

An 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.

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