In fact, one analysis of the Republican tax plan found that the average tax bill for the bottom 80 percent of Americans under this Republican plan would increase by 50 percent, while the top 1 percent would save hundreds of thousands of dollars on their taxes.
Warren highlights the regressive nature of the Republican tax plan on lower-income Americans.
Share
More from Elizabeth Warren
Trump refused to sign it, but he couldn’t stop it. This law is groundbreaking. It will build more housing, bring down costs, and for the first time, stop private equity from buying up homes.
I urge DOD to flatly prohibit vertical integration in the next TRICARE pharmacy contract. A vertically integrated PBM has every incentive to line its own pockets, and DOD should not be using taxpayer dollars to fund these schemes.
Dismantling the burgeoning offshore wind industry now and creating broader uncertainty for investment in cheap, clean energy will have consequences for decades to come.
Americans are now paying for it. Based on an analysis from the Congressional Budget Office and the Treasury Department’s own numbers, Trump’s tariffs cost families an average of $1,700.
Other voices in this conversation
