New Tax Law Is Fundamentally Flawed and Will Require Basic Restructuring
August 14, 2018
August 14, 2018
WASHINGTON, Aug. 14 -- The Center on Budget and Policy Priorities issued the following news release:
The major tax legislation(1) enacted last December will cost approximately $1.5 trillion over the next decade and deliver windfall gains to wealthy households and profitable corporations, further widening the gap between those at the top of the income ladder and the rest of the nation.(2) By shrinking revenues, it will leave the nation less prepared to address the retirement of the b . . .
The major tax legislation(1) enacted last December will cost approximately $1.5 trillion over the next decade and deliver windfall gains to wealthy households and profitable corporations, further widening the gap between those at the top of the income ladder and the rest of the nation.(2) By shrinking revenues, it will leave the nation less prepared to address the retirement of the b . . .