November 6, 2017

Mother Jones: New Estimate Confirms That Republican Tax Plan Favors the Very, Very Rich

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Here’s another estimate of who gets what from the Republican tax plan. This one is from the Institute on Taxation and Public Policy:

This is fairly close to the estimate from the Joint Committee on Taxation with the exception of the far-right bar in 2027. ITEP estimates that millionaires will retain a pretty fat 2.5 percent tax cut by then. JCT estimates it would be about half that.

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