Republican Senator J.D. Vance makes a hysterical claim over Donald Trump helping average Americans before billionaires with Laura Ingraham on Fox News. John Iadarola and Brett Erlich break it down on The Damage Report.
Read more here:
GOP Senator’s Laughable Claim About Who Benefited From Trump’s Policies Gets Brutal Reminder – https://secondnexus.com/vance-trump-biden-policies-billionaires
“According to the Center for Budget and Policy Priorities (CBPP), a progressive American think tank that analyzes the impact of federal and state government budget policies, the 2017 Trump-era Tax Act was “skewed to the rich,” noting that:
“Households with incomes in the top 1 percent will receive an average tax cut of more than $60,000 in 2025, compared to an average tax cut of less than $500 for households in the bottom 60 percent.”
The organization said last month that the tax cuts were “expensive and eroded the U.S. revenue base,” remarking that at this moment there is “simply not enough revenue given the nation’s investment needs and our commitments to Social Security and health coverage.””
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