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Republican bill will redistribute wealth upwards: CBO
Republicans’ tax-and-spending cut bill will take from the poor and give to the rich, Congress’s official scoring body has found. The Congressional Budget Office (CBO) found in a Tuesday analysis
How much would Americans of different income save in taxes if the GOP bill is signed into law?
The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, analyses show.
Demos2dOpinion
Don’t Be Fooled, GOP Tax Plan Is Bad for Working People and Families
Behind the GOP's populist facade lies a tax plan that would benefit corporations and wealthy households while cutting Medicaid and SNAP.
Accounting Today1d
AICPA protests tax deduction changes for accounting firms
The American Institute of CPAs is asking accountants to call on congressional representatives to stop "unfair targeting" of pass-throughs like CPA firms.
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