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.
Chris Edwards discusses tax reform and the deficit on 910 AM’s The Nolan Finley Show
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Debbie Young
Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over three decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, driving her Porsche Boxter S through Vermont and Maine, and practicing yoga.
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