But the gains are so lopsided that the top 10% controls 69% of all wealth in the country, while the bottom half controls just 3%. Moreover, the tax cuts at the heart of the bill will deliver tens of billions of dollars in benefits to the wealthiest households while disproportionately burdening low-income households, according to analyses by the nonpartisan Congressional Budget Office and Joint Committee on Taxation. The Declaration of Independence lists the king’s first offense as undermining the “public good” by subverting the rule of law.
Author: Nathan Meyers, The Conversation
Published at: 2025-07-14 22:39:06
Still want to read the full version? Full article
