Tax provision in coronavirus stimulus will mostly benefit wealthy: Study

Roughly 80% of the benefits of the provision will go to roughly 43,000 taxpayers who earn more than $1 million a year, according to the analysis.

of the tax provisions in the law drafted by the panel, said the changes will help companies"provide critical cash flow and liquidity" during the coronavirus outbreak and economic crisis.

Sen. Sheldon Whitehouse, D-R.I., right, accompanied by Sen. Bernie Sanders, I-Vt., left, questions Andrew Wheeler as he testifies at a Senate Environment and Public Works Committee hearing to be the administrator of the Environmental Protection Agency, on Capitol Hill in Washington, Wednesday, Jan. 16, 2019.

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