Trump-Republican Tax Cut

Hawnjigs

KISS
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Mar 23, 2010
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[font=Georgia,]Quote Preisident Trump : "Everybody is getting a tax cut, especially the middle class."[/font]

[font=Georgia,]Actual #s:[/font]

[font=Georgia,]"The Census Bureau reported in late September that U.S. income inequality, as measured by the Gini Index, [/font][font=Georgia,]hit its highest level[/font][font=Georgia,] in more than 50 years."[/font]

[size=large][font=Georgia,]"the top 400 billionaires in the U.S. paid an effective tax rate of 23 percent in 2018, down from 47 percent in 1980 and 56 percent in 1960, [/font][/size][size=large][font=Georgia,]Christopher Ingraham reports in The Washington Post[/font][/size][size=large][font=Georgia,]. The bottom 50 percent, meanwhile, paid an effective tax rate of 24.2 percent, as it has more or less since 1960."[/font][/size]

"the tipping point came in 2017, with the passage of the Tax Cuts and Jobs Act," President Trump's biggest legislative achievement."
 
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