The narrative is everywhere–“How GOP Tax Plans Would Reward Rich Families,” “A Tax-Cut Bill to Make Scrooge McDuck Proud.”
The only problem is that the narrative is false, explains Chris Edwards at the Cato Institute.
The GOP’s tax proposals would give the largest relative cuts to the middle class, increase subsidies to low-income households, and make the tax code more progressive. Those are misguided policies, but that is what Republicans will likely deliver even with some final tweaks this week.
Read more from CE here.