Log in Subscribe

Tax Plans Aid ‘Haves’ On Dime of Rest of Us

By RICHARD STEIER
Posted 11/27/17

A Quinnipiac University poll a couple of weeks ago found that just 16 percent of the respondents believed that the tax bill passed by House Republicans would reduce their own taxes.

The bill in the upper house of Congress that Senate Majority Leader Mitch McConnell hopes to pass this week isn’t likely to inspire any greater confidence, for the simple reason that besides offering far-smaller tax cuts to middle-class Americans than it does to corporations and wealthy individuals, the ones extended to the middle class are slated to expire within the next eight years while the corporate cuts are to continue in perpetuity.

This item is available in full to subscribers.

Please log in to continue

Log in