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New Report Confirms Dems Lied About Tax Bill – Middle Class Gets Largest Cuts [Details]

Published by The Right Observer 

Written by John S. Roberts


Another Democrat narrative buster has just been revealed.

Dems continually lied about the recently passed GOP tax reform bill, claiming the middle class wouldn’t see any cuts. Go figure.

The middle class does get the largest portion of the wide-ranging cuts!

From Cato Institute:

The Joint Committee on Taxation (JCT) has released its distributional analysis of the final Republican tax bill. The bill provides even larger percentage cuts for middle earners than previous versions of the legislation.

[…]

The table below takes estimated payroll and excise taxes out of the JCT data. It shows individual and corporate income tax cuts as a percentage of estimated individual and corporate income taxes paid under current law. […]

See the full story here.

December 23, 2017 

Link: http://rightobserver.com/new-report-confirms-dems-lied-about-tax-bill-middle-class-gets-largest-cuts-details/


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