Vast Majority of Americans Would Likely Lose From Senate GOP's $1.5 Trillion in Tax Cuts, Once They're Paid for
October 04, 2017
October 04, 2017
WASHINGTON, Oct. 4 -- The Center on Budget & Policy Priorities issued the following news release:
This week, the Senate Budget Committee will vote on a budget resolution that would allow Congress to move forward with tax-cut legislation that adds $1.5 trillion to deficits over ten years.[2] The vast majority of Americans would be net losers from such a tax bill, if:
* The $1.5 trillion in tax cuts were anywhere near as skewed to the top as those in the tax plan that . . .
This week, the Senate Budget Committee will vote on a budget resolution that would allow Congress to move forward with tax-cut legislation that adds $1.5 trillion to deficits over ten years.[2] The vast majority of Americans would be net losers from such a tax bill, if:
* The $1.5 trillion in tax cuts were anywhere near as skewed to the top as those in the tax plan that . . .