Top 1 Percent Would Get $24B in Tax Cuts Under New Republican Plan

The average member of the 1 percent would save $16,550 under the plan. A person in the bottom 20 percent would save $40.

After spending months threatening to tank the economy over the federal deficit, Republicans have unveiled a set of new tax proposals that would cost the government billions of dollars — by handing tens of billions of dollars of tax cuts to the richest 1 percent of Americans, as a new report reveals. On Friday, just a week after the conclusion of the debt ceiling showdown...

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This post was originally published on Latest – Truthout.


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Sharon Zhang | radiofree.asia (2024-05-10T03:58:01+00:00) » Top 1 Percent Would Get $24B in Tax Cuts Under New Republican Plan. Retrieved from https://radiofree.asia/2023/06/13/top-1-percent-would-get-24b-in-tax-cuts-under-new-republican-plan/.
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" » Top 1 Percent Would Get $24B in Tax Cuts Under New Republican Plan." Sharon Zhang | radiofree.asia - Tuesday June 13, 2023, https://radiofree.asia/2023/06/13/top-1-percent-would-get-24b-in-tax-cuts-under-new-republican-plan/
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" » Top 1 Percent Would Get $24B in Tax Cuts Under New Republican Plan." Sharon Zhang | radiofree.asia [Online]. Available: https://radiofree.asia/2023/06/13/top-1-percent-would-get-24b-in-tax-cuts-under-new-republican-plan/. [Accessed: 2024-05-10T03:58:01+00:00]
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» Top 1 Percent Would Get $24B in Tax Cuts Under New Republican Plan | Sharon Zhang | radiofree.asia | https://radiofree.asia/2023/06/13/top-1-percent-would-get-24b-in-tax-cuts-under-new-republican-plan/ | 2024-05-10T03:58:01+00:00
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