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Senate Republicans Push Biggest Tax Hike in U.S. History

3,952 views · Published 4 December 2017 · 8:28 · Indexed 12 November 2026

Channel: Rebel HQ · 2017 · News & Politics

TYT contributor Ryan Grim writes for The Intercept that the Republican tax bill increases taxes on the middle class by $4.5 trillion in order to cut taxes on the wealthy and on corporations by $6 trillion.  If you discount one side of the ledger — a tactic Republicans have used when claiming that the Affordable Care Act was the largest tax cut in U.S. history — than the $4.5 trillion in additional revenue to be squeezed out of the poor, the working class and the middle class is the largest tax increase in U.S. history, by a factor of 4. 

Read Ryan's report here: https://theintercept.com/2017/12/01/the-gop-plan-is-the-biggest-tax-increase-in-american-history-by-far/

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Senate Republicans Push Biggest Tax Hike in U.S. History

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