February 28, 2020

Trump's tax cuts - Who benefitted?

According to Forbes: “The richest 1 percent received 9.3 percent of the total tax cuts, the top 5 percent got 26.5 percent, the top quintile received 52.2 percent and the bottom quintile got 3.3 percent.” (a quintile is 20% or 1/5). Source:

Did The Rich Get All Of Trump's Tax Cuts? 

by Lawrence Kotlikoff 

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