The following article by Andrew Van Dam was posted on the Washington Post website December 4, 2017:
The Democrats say President Trump’s tax cuts are a massive giveaway to the rich, the most unequal overhaul of the U.S. tax system in modern history. Republicans argue they are a huge middle class tax cut — “a great, big, beautiful Christmas present” for the American people, according to Trump.
Who’s right?
We decided to find out by assembling historical reports about the 10 largest tax cuts of the past 50 years.
After doing our best to find comparable data (we’ll explain metrics and methodology later), we learned a few things: Continue reading “Is the GOP tax plan an unprecedented windfall for the wealthy? We look at 50 years of data to find out.”