I’ve created new charts that show just what an enormous giveaway to the rich the Trump GOP tax plan really is.
They use Tax Policy Center data.
Here’s the key one, showing what happens in 2027:https://t.co/ijnySc7FTt pic.twitter.com/gOzs5JG9iI— Greg Sargent (@ThePlumLineGS) December 19, 2017
In 2018, here’s what happens:
Bottom quintile gets an average tax cut of $60.
Second quintile gets an average tax cut of $380.
Top 1% gets an average tax cut of $51,140.
Top 0.1% gets an average tax cut of $193,380. https://t.co/E1nLn7N7vA— Greg Sargent (@ThePlumLineGS) December 19, 2017