Reported 2 days ago
Trump's recently signed tax cuts are set to disproportionately benefit high earners, with those making over a million dollars gaining an average of $60,000, while the lower 40% of earners may only see savings of a few hundred dollars or even lose benefits due to cuts in Medicaid and food aid. The impact of tariffs could further negate any tax savings for average families, potentially resulting in higher costs and inflation, leading to a challenging economic landscape for many Americans.
Source: YAHOO