Replies to post #35980 on LEE KRAMER'S ROOM: With Views

[PegnVA]

TRUMP TELLS RICH MAR-a-LAGO FRIENDS "YOU ALL JUST GOT A LOT RICHER" AFTER TAX BILL
By Grace Guarnieri On 12/24/17 at 9:13 AM EST

When Trump signed $1.5 trillion tax overhaul into law, ultra-wealthy earners in the 95th to 99th percentile received the biggest tax cuts, even though the top 1 percent already holds about 40 percent of American wealth. Instead of the 35 percent tax cut that he promised middle class voters, their taxes decreased by just 10 percent.

According to a report by the nonpartisan Tax Policy Center, every income group received a tax cut from the Republican tax reform, but most individual tax cuts will sunset by 2025. A whopping 53 percent of Americans will be paying more in taxes by 2027.
-newsweek.com
https://www.newsweek.com/president-donald-trump-rich-friends-lot-richer-tax-bill-758234