Senate Republicans Push Biggest Tax Hike in U.S. History
3,949 views · Published 4 December 2017 · 8:28 · Indexed 20 September 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/ Don't forget to tell us your thoughts in the comment section below! *** Follow Our Incredible Reporting Team On The Road! Subscribe to TYT Politics on YouTube: http://www.youtube.com/TYTPolitics Like TYT Politics on Facebook: http://facebook.com/TYTPolitics Follow TYT Politics on Twitter: http://twitter.com/TYTPolitics Join TYT Politics on Reddit: https://www.reddit.com/r/TYTPolitics/
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