Politics and Government Politics and Government
Fri, January 17, 2025
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Lindsay Owens: Donald Trump's tax giveaways for the rich, part II

Lindsay Owens: Donald Trump's tax giveaways for the rich, part II


Published on 2025-01-17 06:00:47 - MSN
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  • As President Trump takes office, his Republican allies in Congress are already hard at work readying his legislative agenda. He campaigned on a promise to lower costs for Americans. But so far, the GOP hasn't proposed a single plan to do that.

The article by Lindsay Owens, published on MSN, discusses the implications of Donald Trump's tax policies, particularly focusing on how they disproportionately benefit the wealthy. Owens critiques the Tax Cuts and Jobs Act (TCJA) of 2017, which she describes as a significant tax giveaway to the rich, arguing that it has led to increased economic inequality. She highlights that while the tax cuts were sold as a means to boost economic growth and benefit all Americans, the reality has been different, with the wealthiest individuals and corporations reaping the most benefits. Owens points out that these tax policies have not only failed to deliver promised economic growth but have also contributed to a ballooning federal deficit. She calls for a reevaluation of these tax cuts, suggesting that they should be allowed to expire or be significantly reformed to address the inequities they perpetuate.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/news/politics/lindsay-owens-donald-trump-s-tax-giveaways-for-the-rich-part-ii/ar-AA1xmIE3 ]
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