‘Reverse Robin Hood scam’ or windfall for middle class? Lawmakers debate Trump tax plan extensions

‘Reverse Robin Hood scam’ or windfall for middle class? Lawmakers debate Trump tax plan extensions


Key Points
  • Republicans and Democrats are making competing claims about the impact of extending provisions in the Tax Cuts and Jobs Act.
  • The GOP sees it as a windfall for low- and middle-income households. Democrats view it as a handout for the wealthiest Americans.
  • Both sides can be correct depending on the frame of reference, tax experts said.



Source

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