71% of the benefits went to the top 20%. My initial figures were off, but not by too far. That leaves a full 80% of the population getting 29% of the benefits.
This is nothing to hang any hats on for trump and his cult of stooges.
https://itep.org/faulty-fact-check-o...-corporations/
Originally Posted by tommy156
Oh look - more stuff so easily disproven
1. The Institute on Taxation and Economic Policy is a non-profit,
liberal think tank that works on state and federal tax policy issues
2. Both ITEP and TPC
use microsimulation models—computer models that calculate taxes for sample taxpayers in a large database that represents the population of the United States.
So we have a garbage report from a liberal entity that is NOT based on actual IRS Data
Meanwhile
the ACTUAL IRS DATA shows the biggest cuts went to the middle class
OOPS:
AGI $15,000 to $50,000 - an average tax cut of 16 percent to 26 percent
$50,000 to $100,000 - a tax break of about 15 percent to 17 percent
$100,000 to $500,000 - a cut of around 11 percent to 13 percent
over $500,000 an average tax cut of 9 percent
over $1 million an average cut less than 6 percent