"on the personal tax side, middle-income people are getting cuts and rich people are getting very little cuts or, in certain cases, increases" under the republican tax bills.
"on the personal tax side, middle-income people are getting cuts and rich people are getting very little cuts or, in certain cases, increases" under the republican tax bills.
steve mnuchin
nov 16, 2017 ... and while most people (61.4 percent) would get a tax cut by 2027, a ... as written,  it is almost guaranteed to increase the budget deficit by trillions ... that's a big  problem: under senate rules, some legislation can pass ... the family credit, hits  low-income families harder than rich ones. .... the case for the bill.
sep 27, 2017 ... the gop has historically claimed reducing the top tax rate will create ... the plan  significantly changes the individual income tax rate structure. ... a set of supply- side-focused tax cuts in 2001 and 2003 that some ... from 1978 through 1982,  the economy experienced a recession that had two low points.
jan 12, 2018 ... said the tax bill won't be helpful for most people in her state “in the long run. ...  fact check: will the wealthy get a tax cut under president trump's plan? ... ( some companies have also said they would increase minimum wages.) ... in both  cases, they show a benefit for the middle class, especially in terms of a ...
nov 28, 2017 ... people on this side will get a tax increase ... a tax cut (or tax increase) each  household would get under the bill in 2018, ... the story is very different for the  roughly one-quarter of middle-class families ... pay more in 2018 under the  senate bill — in some cases a lot more. ... pay little in state and local taxes.
nov 22, 2017 ... the house wanted to get the bill passed as quickly as possible; yes, ... keep in  mind, the gop has sold the $1.5 trillion in tax cuts in both the ... the middle-class,  and; the richest 1% will enjoy no net benefit under the gop plan. ... an increase  in after-tax income will result in only a small increase in output.