House Republican tax bill favors the rich — how much they stand to gain, and why

Key Points

A tax and spending package passed Thursday by House Republicans funnels the bulk of its financial benefits to wealthy households, according to economists and tax experts.
The rich benefit via a slew of tax cuts tied to businesses, the SALT deduction, the estate tax, income tax rates and opportunity zones.
Lower earners would be worse off, on average, due to cuts to programs like Medicaid and SNAP (formerly known as food stamps), analyses show.

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