…the tax benefits will flow most heavily to the highest earners, just as the original cuts did when they were passed in 2001 and 2003. At least a quarter of the tax savings will go to the wealthiest 1 percent of the population.
Look who’s winning all that class warfare…but benefits for nearly all to a lesser extent of course, except, the actual lessers (i.e. “bad ‘muricans”):
In fact, the only groups likely to face a tax increase are those near the bottom of the income scale — individuals who make less than $20,000 and families with earnings below $40,000.
But hey, the two parties are getting together and compromising to make really bad policy, at least David Broder will be pleased.