Tag

• UGI USER
• Child Tax Credit restrictions Earned Income Tax Credit changes economic burden on low-income economic disparity GOP tax bill health coverage loss impact on poor Income Inequality IRS funding cuts Medicaid cuts national debt increase social safety net tax benefits for wealthy tax cuts tax policy Trump tax plan US tax reform
• 61
• 0

Trump’s Tax Plan May Hurt the Poor

Trump’s Tax Plan May Hurt the Poor Why in the News? The U.S. Congress is debating President Trump’s new tax and spending bill, which includes tax breaks on tips. However, analysts warn that low-income Americans may face a net income loss due to social program cuts. The Trump tax plan, proposed by the GOP (Republican …