The Poorest Are Hardest Hit By #GOPTaxScam

From the Congressional Budget Office:

The groups hit hardest — the ones providing a reduction to federal deficits — are the poorest.

By 2027, everyone making less than $75,000 would provide a net savings to the government, whether through higher taxes, lower amounts spent on services, or both.

The Congressional Budget Office just released a new analysis of the Senate’s tax bill. The CBO examined the combined effect of changes in tax law with reductions in federal spending, like changes in “Medicaid, cost-sharing reduction payments, the Basic Health program, and Medicare.”

Forbes

 

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