Trump’s tax cuts helping the poor more than the rich
Since the Republican Congress began debating the bill that eventually became the Tax Cuts and Jobs Act, leftists have accused the legislation of being a huge tax cut for the wealthy – funded by middle- and lower-income Americans. In reality, the Tax Cuts and Jobs Act (TCJA), passed into law in 2017, has particularly benefited working- and middle-class Americans while increasing the total tax burden paid by millionaires and billionaires. In 2021, The Heartland Institute released a study, “Measuring the Effects of the Republicans’ Tax Cuts and Jobs Act on Personal Income ...