The Paulsen Tax Cuts Are For The Ultra-rich, Not The Middle Class

In their first major victory of the year, the Republicans' tax cut bill was passed in both houses of Congress Wednesday along a party-line vote. The president signed the bill Friday morning before heading to Mar-a-Lago, his Florida resort. Rep. Erik Paulsen (R-Minn.) has touted the tax bill as a “once-in-a-generation” achievement. Indeed, it is … Continue reading The Paulsen Tax Cuts Are For The Ultra-rich, Not The Middle Class

The Paulsen Tax Reform Plan Is A Tax Cut For Corporations And The Super-rich

In a recent interview, Rep. Erik Paulsen (R-Minn.) said that the new GOP tax plan will be “geared absolutely toward middle-income folks. ” But independent analyses suggest that the big winners are the super-rich, not the middle class. The nonpartisan Tax Policy Center found this week that the biggest beneficiaries would be the richest 1 percent … Continue reading The Paulsen Tax Reform Plan Is A Tax Cut For Corporations And The Super-rich