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by dahfizz
1740 days ago
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> The savings were supposed to somehow trickle down to the "lower decks", but this has proven not to happen. Do you have more info on this? The middle class literally paid less in taxes due to Trump's cuts[1]. The rates were lowered across the board and the standard deduction (negligible to the 1%, a huge chunk of change to the middle class) was increased. [1] https://www.bloomberg.com/news/articles/2020-10-27/the-trump... |
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https://www.americanprogress.org/issues/economy/news/2019/09...
https://www.rollingstone.com/politics/politics-features/trum...
https://www.salon.com/2020/12/27/50-year-study-of-tax-cuts-o...
https://www.motherjones.com/politics/2020/06/trumps-tax-cuts...