Trump’s tax law will mostly benefit the rich, while leaving poorer Americans with less, CBO says
President Donald Trump’s tax and spending law will result in less income for the poorest Americans while sending money to the richest, the nonpartisan Congressional Budget Office reported Monday. The CBO estimates that 10% of the poorest Americans will lose roughly $1,200 a year as they experience restrictions on government programs like Medicaid and food assistance, while the richest […] The post Trump’s tax law will mostly benefit the rich, while leaving poorer Americans with less, CBO says appeared first on Unite News.
President Donald Trump’s tax and spending law will result in less income for the poorest Americans while sending money to the richest, the nonpartisan Congressional Budget Office reported Monday. The CBO estimates that 10% of the poorest Americans will lose roughly $1,200 a year as they experience restrictions on government programs like Medicaid and food assistance, while the richest […]
The post Trump’s tax law will mostly benefit the rich, while leaving poorer Americans with less, CBO says appeared first on Unite News.
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