Subject: The Big Bankrupting Bill
Oh, what a surprise!
The poor get screwed and the rich get richer.
Shared article (scan down the page):
https://www.nytimes.com/intera...
To answer questions about the overall impact of the legislation, it looked at its effects for different income groups. This kind of breakdown, called a distributional analysis, showed that the bill didn’t just cut taxes more for higher earners than poorer Americans, but that when those tax cuts combined with changes to the social safety net, it also left poor Americans significantly worse off.
This chart, later revised after the bill passed, got us wondering whether there was any congressional precedent for legislation that helped the rich and hurt the poor this much. We weren’t able to find any such past example. — Emily Badger, Alicia Parlapiano and Margot Sanger-Katz
Poor deluded MAGAts. Their Lord and Savior could not give a flying fuck about them.