GOP tax bill would shrink incomes for low earners: Analysis
16-05-2025 22:19 via thehill.com

GOP tax bill would shrink incomes for low earners: Analysis

Many different think tanks and legislative analysts in Washington have been sounding the alarm that the GOP bill to cut taxes and spending has greater advantages for wealthier taxpayers than it does for working Americans.But one group is projecting lower earners will not only receive smaller benefits from the bill but will actually be financially worse off when the individual rate cuts and benefit reductions are taken together.The analysis from Penn Wharton Budget Model found that people in the
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