CNN News, delivered. Select from our newsletters below and enter your email to subscribe.
Washington Sen. Bernie Sanders of Vermont appeared at a CNN presidential town hall Monday night. After his first question from the audience, Sanders argued that President Donald Trump"said he'd have a tax plan to benefit the middle class, but 83% of the benefits go to the 1%." Facts First: This isn't true right now, but if certain tax cuts are not extended it will be the case in 2027, according to the Tax Policy Center.
If Congress does nothing to extend them, the top 1% will at that point receive roughly 83% of the tax cut benefits, according to estimates from the nonpartisan Tax Policy Center. The same study said that for the 2018 tax year, the top 1% would receive 20.5% of the benefits from the tax cuts.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CIA Fact-Checks ‘Black Panther’ During Oscars, for Some ReasonThe CIA chose Oscar night to try to fact-check Marvel’s “Black Panther,” in case you weren’t sure if the comic-book movie film is completely real.In a series of tweets, the spy agency pondered whether Vibranium, the fictional substance that powers the fictional nation of Wakanda, is based in fact. It
Read more »