Thursday, June 26, 2025

File under fiction: GOP megabill is actually a disaster for the middle class


Headline:  New York Times, 6/25/2025

Jacob S. Hacker and Patrick Sullivan opine:
2. The hyper-regressive tax cuts you haven’t heard enough about  
You might think Americans know that the tax cuts in the Republican bill are targeted at the top. But that’s not what our survey found. Voters had heard a lot about Mr. Trump’s “no tax on tips” and “no tax on overtime” ideas — provisions that Vice President JD Vance recently pointed to as proof of the party’s populist priorities. 
But those tax cuts are a rounding error compared with the big-ticket tax cuts focused on the rich, about which voters have heard almost nothing.

No comments:

Post a Comment