Republicans Are So Tired Of Tax Experts Rudely Saying Their Plan Helps The Rich
The GOP tax overhaul overwhelmingly benefits the wealthiest people in America, according to several estimates. But Republicans say you can’t trust any of those.
Over 47 percent of the tax changes in the legislation would benefit the richest 1 percent of households over 10 years, a report released Wednesday by the Tax Policy Center said.
Wednesday’s report closely resembles an analysis TPC issued on Monday, which the group quickly retracted because of an error ― which Republicans have said is all the more reason not to believe them.
Two controversies dominate the debate over how to analyze a tax bill: debt and distribution. Tax changes affect the amount of revenue the government collects, and Republicans disagree with most experts, who say their tax reform legislation would reduce revenue by more than $1 trillion over 10 years. GOP lawmakers would rather just take it on faith that tax cuts create growth and pay for themselves.
https://www.huffingtonpost.com/entry/republicans-tax-reform-tax-policy-center_us_5a03506ce4b03deac08aa62e
