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Analysis | Senate tax bill cuts taxes of wealthy and hikes taxes on families earning under $75,000 over a decade

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Under the Trump and Republican tax plan, billionaires and corporations get tax cuts worth millions of dollars, while families making $75,000 and less get huge tax increases. They are quite literally stealing from the middle class and giving it to the ultra rich. Even worse, the $25 billion a year cuts to Medicare will hit middle class and lower income retirees the hardest.

Analysis | Senate tax bill cuts taxes of wealthy and hikes taxes on families earning under $75,000 over a decade

Tax hikes for households earning $10,000 to $30,000 would start in 2021 — and grow sharply from there.

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