Bar graph titled “Percent Change in After-Tax Income” comparing income groups from the 2017 Trump tax cuts in 2019 and projected 2027. Shows that top 1% and 0.1% saw the largest gains in 2019. By 2027, benefits decline across all groups, but the top 1% still gain the most, while lower- and middle-income groups see little to no benefit. Source: Tax Policy Center.
The Trump tax cuts stripped W-2 workers of key deductions—but made corporate tax breaks for the rich permanent.
Letting it expire helps no one. Extending it helps the wealthy.
Rewrite it. Restore W-2 deductions. Close loopholes.
#TaxJustice #FairTaxesNow #MiddleClassTaxHike #CloseTheLoopholes