Tag: MiddleClass

16 NOV

Republicans Slap an Expiration Date on Middle-Class Tax Cuts

Updated on November 15 at 4:13 p.m. ET President Trump and congressional Republicans have repeatedly insisted that the top priority of their tax reform is delivering relief to the middle class. But under a significant change to the Senate’s plan announced late Tuesday night, that relief for most people will now only be temporary, and […]

03 OCT

This Is What a Real Middle-Class Tax Cut Would Look Like

If one takes the White House’s word for it, tax reform is all about a single goal—helping the middle class, not the rich. Gary Cohn, the White House’s chief economic adviser, says the president’s tax cut is “purely aimed at middle-class families.” Steve Mnuchin, the Treasury secretary, promised Congress that tax reform wouldn’t benefit the […]