By Heather Long, The Washington Post If President Donald Trump and congressional Republicans end up paying for their proposed $1.4 trillion tax cut by reducing spending or raising taxes later on, most Americans making less than $86,000 would be worse off, according to a new report by the Tax Policy Center, a nonpartisan think tank. Republicans have yet to say how they intend to pay for the tax cut.
How The Gop Tax Cut Could Take Money Away From Most Americans
The Washington Post, Denver Post: Politics
Fri, 12/08/2017 - 6:24pm
Topics: heather long the washington post if president donald trump originally treasury secretary steven mnuchin house speaker paul ryan r-wis the tax policy losers our the house senate conference committee trump s christmas critics one gavin ekins what republicans medicaid william gale president george h.w bush these related articlesdecember colorado palisade irs u.s tax court congress count white house gary cohn fox news friday wall street but ekins trump republicans tax policy center republican house gop americans tax foundation medicare social security december ekins money tax cut percent bill pay cuts year families scenario spending growth top net middle worse report proposals taxes income trillion fund class making similar required debt results winners plan programs paying reducing situation point tank economy proposed senior final family research budget amount economic financing points law ways scenarios majority bottom economist government regressive safety dollar increase shutdown substantially fee welfare
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