St. Louis Post-Dispatch: In Assessing the Fairness of Tax Cuts, Don’t Forget Income Inequality

The basic problem, the Post said, was McCaskill’s use of the phrase “in the long run.” Next year, according to the Institute on Taxation and Economic Policy, the vast majority of Missourians will see a tax cut. The middle 20 percent of households will see an average cut of $830, which is why Republicans can legitimately boast of “middle-class tax cuts.” Read more