Repealing the Tax Cuts Would Hit Middle Class and Workers
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Many Democrats would like to repeal the 2017 tax cuts. But how would that affect ordinary Americans?
If the tax cuts were reversed, the typical American could be $26,900 poorer over the following 10 years. And families would be hit even harder: A family of four could face an average loss of $45,700 in their take-home pay.
Those leading the charge against the tax cuts would have you believe it will only affect the rich. But repealing the tax cuts would hit the heart of middle America.
In fact, the data show that Americans in every congressional district would be worse off.
It is shameful that a simple soundbite—“Trump’s tax cut for the rich”—has eclipsed the truth. The tax cuts are benefiting Americans at every income level. Even some of the poorest congressional districts have received upward of 20% income tax cuts.
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