Blog Guess Who Trump’s ‘Tax Cuts for the Rich’ Benefited the Most

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Guess Who Trump’s ‘Tax Cuts for the Rich’ Benefited the Most

There’s a refrain we hear almost by default when a Republican proposes tax cuts. Like Pavlov’s dogs or preprogrammed robots, Democrats rush out to decry “tax cuts for the rich.” How about this headline from The Guardian in 2019: Trump’s tax cuts helped billionaires pay less than the working class for first time — and that was two years after the tax cuts.

And don’t forget what one leading Democrat said:

Rep. Nancy Pelosi, who now serves as the speaker of the House, said on November 6, 2017, “Despite Republicans’ empty promises to cut taxes for middle class working families, it’s clear that the GOP tax plan for the wealthiest is rich indeed.”

“House Republicans’ tax bill would increase taxes for 12 percent of Americans next year, according to a new report from the nonpartisan Tax Policy Center,” Pelosi added.

“The truth is already catching up with the GOP’s snake oil pitch,” Pelosi concluded. “Instead of pushing a deficit-exploding handout to corporations and the wealthy that increases taxes on millions of hard-working families, Republicans must join Democrats to work on bipartisan tax reform that puts the middle class first.”


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