News and Commentary

NARRATIVE FAIL: GOP Tax Cuts Are Not A Gift To The Rich, Analysis Finds

Ryan Saavedra

A new analysis from the nonpartisan Tax Policy Center revealed that the top wage earners will pay more in taxes in 2018 than they did in 2017, throwing water on the Democratic talking point that the tax cuts are only benefiting the wealthy.

The top 20% of wage earners, who paid 84% of all federal income taxes in 2017, will pay 87% of all federal income taxes in 2018, an increase of 3%. The New York Post reports:

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