Tue, December 17, 2024
[ Tue, Dec 17th 2024 ]: U.S. News & World Report
Lawsuit Accuses State Department of Creating Loopholes for Israel on Military Aid and Human Rights
[ Tue, Dec 17th 2024 ]: scrippsnews
Trump will be tasked with navigating the future of AI
[ Tue, Dec 17th 2024 ]: Time
The History That Syria's New Leaders Will Need to Overcome
[ Tue, Dec 17th 2024 ]: WLRN
State Rep. Anna Eskamani says she's running for Orlando mayor in 2027
[ Tue, Dec 17th 2024 ]: NBC News
Congress scrambles to finalize a short-term bill with shutdown deadline days away
[ Tue, Dec 17th 2024 ]: Yahoo
Abortion-rights organizers talk failed ballot measures and what's next
[ Tue, Dec 17th 2024 ]: PBS
Americans' confidence in judicial system drops to record low
[ Tue, Dec 17th 2024 ]: Sudbury Star
Sudbury's Conservative candidate calls on Liberal MPs to bring down their government
[ Tue, Dec 17th 2024 ]: Graphic
Mahama to prioritise digital economy and fintech to drive job opportunities
[ Tue, Dec 17th 2024 ]: The New Zealand Herald
More tax, fewer services - Treasury's forecasts a grim warning to MPs and New Zealanders
[ Tue, Dec 17th 2024 ]: St. Louis Post-Dispatch
Missouri House speaker unveils push to cut red tape and spending
[ Tue, Dec 17th 2024 ]: Jefferson Public Radio
Oregon task force ends work without unity on recommendations about raising alcohol taxes
[ Tue, Dec 17th 2024 ]: The New York Times
Behind Germany's Political Turmoil, a Stagnating Economy
[ Tue, Dec 17th 2024 ]: STAT
Gameto says first baby born using new stem-cell tech
[ Tue, Dec 17th 2024 ]: Slate
The One Big Roadblock to Trump's Mass Deportation Plans
[ Tue, Dec 17th 2024 ]: FOX59 News
DOGE Caucus founding member debuts 2 bills to kick-start waste cuts in Trump term
[ Tue, Dec 17th 2024 ]: Sky
Compensating Waspi women would 'burden' the taxpayer, Sir Keir Starmer says
[ Tue, Dec 17th 2024 ]: Daily Record
SNP Government ministers banned from using WhatsApp following Covid deletion scandal
[ Tue, Dec 17th 2024 ]: Sky
Compensating Waspi women 'not fair or value for taxpayer', Liz Kendall says
[ Tue, Dec 17th 2024 ]: MSN
Conservatives win B.C. federal byelection amid turmoil in Ottawa
[ Tue, Dec 17th 2024 ]: MSN
Taipei mayor calls for reduced tensions during rare visit of Chinese officials
[ Tue, Dec 17th 2024 ]: FOX59 News
DC councilman recommended for expulsion as he faces bribery charges
[ Tue, Dec 17th 2024 ]: MSN
CNN visits area where Russian general was killed in Moscow bomb blast
[ Tue, Dec 17th 2024 ]: The Globe and Mail
Morning Update: Chrystia Freeland drops the mic
[ Tue, Dec 17th 2024 ]: The Globe and Mail
Chrystia Freeland resigns from Trudeau's cabinet
[ Tue, Dec 17th 2024 ]: Yahoo
Postponing local elections might just guarantee a Reform victory
[ Tue, Dec 17th 2024 ]: The New York Times
After Trump's Victory, Republicans Trust the Election System Again
[ Tue, Dec 17th 2024 ]: MSN
Joe Biden's pardon list: Here are the stories of .. rofit leader, a social worker, and a former judge
[ Tue, Dec 17th 2024 ]: MSN
BJP's Nadda Launches Fierce Attack On Congress; ' .. gency Was Imposed Because Chair Was In Danger...'
[ Tue, Dec 17th 2024 ]: MSN
Trump tariff plan threatens to drive up gas prices
[ Tue, Dec 17th 2024 ]: MSN
Trump On New Jersey Drones: 'Government Knows What Is Happening'
[ Tue, Dec 17th 2024 ]: CTV News
'She will not be missed': Trump on Freeland's departure from Trudeau's government
[ Tue, Dec 17th 2024 ]: RealClearPolitics
To Bring Joy to America: End the Weaponization of the IRS
[ Tue, Dec 17th 2024 ]: New Statesman
Christmas can't save the high street
[ Tue, Dec 17th 2024 ]: Politico
Gov and Cabinet ready for final 2024 meeting
[ Tue, Dec 17th 2024 ]: MSN
Government agencies say joint investigation into .. ngs reveals no threat: 'We recognize the concern'
[ Tue, Dec 17th 2024 ]: Graphic
NDC to resist tax waivers and loans that burden public purse - Ato Forson
[ Tue, Dec 17th 2024 ]: MSN
Bengaluru News Live Today December 17, 2024 : Kar .. ss clash over MUDA scam and internal reservation.
[ Tue, Dec 17th 2024 ]: CTV News
With Freeland out and the federal deficit up, Parliament is set to take holiday break
[ Tue, Dec 17th 2024 ]: MSN
Finland's Stubb: Ukraine peace talks now would be premature
[ Tue, Dec 17th 2024 ]: MSN
Lawyer accused of being Chinese spy loses legal case against MI5
[ Tue, Dec 17th 2024 ]: MSN
Former first minister Humza Yousaf to stand down as MSP in 2026
[ Tue, Dec 17th 2024 ]: MSN
Trump vows to pursue more defamation claims after ABC News settlement
[ Tue, Dec 17th 2024 ]: MSN
Labour's plans to slash 'catastrophically high' n .. itain faces 9 million-strong population explosion
[ Tue, Dec 17th 2024 ]: MSN
Donald Trump Mocks Chrystia Freeland Resignation: 'Totally Toxic'
[ Tue, Dec 17th 2024 ]: MSN
ABVP accuses J and K govt of ignoring Hindi, Sanskrit in recruitment, blocks highway
[ Tue, Dec 17th 2024 ]: USA Today
Trump's Cabinet picks are generating controversy. For his supporters, they're just right.
[ Tue, Dec 17th 2024 ]: CNN
Many Trump voters still have doubts about him. Can he hold them?

Trump's 2017 tax cuts expire soon ? study shows they made income inequality worse and especially hurt Black Americans

  Copy link into your clipboard //politics-government.news-articles.net/content/ .. y-worse-and-especially-hurt-black-americans.html
  Print publication without navigation Published in Politics and Government on by MSN
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
The Tax Cuts and Jobs Act, a set of tax cuts Donald Trump signed into law during his first term as president, will expire on Dec. 31, 2024. As Trump and Republicans prepare to negotiate new tax cuts in 2025,
The article from MSN discusses a study by the Institute on Taxation and Economic Policy (ITEP) which analyzed the impact of the 2017 Tax Cuts and Jobs Act (TCJA) signed by former President Donald Trump. The study found that the tax cuts, which are set to expire in 2025, have exacerbated income inequality in the United States. Specifically, the tax benefits disproportionately favored the wealthy, with the top 1% receiving an average tax cut of $60,000, while the bottom 20% saw only a $40 reduction. The analysis highlighted that Black Americans, who are overrepresented in lower income brackets, were particularly disadvantaged by these tax policies. The study suggests that the expiration of these tax cuts could provide an opportunity to address these disparities by restructuring tax policies to be more equitable.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/trump-s-2017-tax-cuts-expire-soon-study-shows-they-made-income-inequality-worse-and-especially-hurt-black-americans/ar-AA1w1lAt ]