It's tax day in America, and if Democrats had gotten their way in 2017, the vast majority of Americans would be paying higher taxes this year. Every single Congressional Democrat voted against the GOP-passed tax reform law that slashed tax burdens for approximately 80 percent of all households --- including an even higher percentage of middle-income families. The Left has deliberately and repeatedly lied about this reality, with minimal and perfunctory fact-checking from the media. As a result, only a fraction of the country realizes that their overall federal tax bill went down, based on recent polling. It's important to set the record straight, and today is a good opportunity to do so. According to the Treasury Department, fully 90 percent of US workers experienced higher take-home pay in 2018 thanks to the new law. And here are the overall numbers, courtesy of the left-leaning Tax Policy Center:
Looking exclusively at the individual federal income tax changes in the law, TPC found that almost exactly two-thirds of Americans received a tax cut, averaging nearly $2,200 -- including 82 percent of middle-income earners, who averaged a tax cut of $1,050. When all provisions of the law are examined, 80.4 percent of earners received a tax cut, including 91.3 percent of the middle class. Just 4.8 percent of the population saw their taxes go up, a disproportionate number of whom are higher-income earners who itemize deductions and live in high-tax states and jurisdictions. Broadly speaking, 80 percent saw a cut, 15 percent saw no change, and less than five percent saw an increase. This is the data.
So, when you hear or read about some progressive liberal democrat saying the 2017 Tax Cut Bill was a tax hike or that it was a giveaway for the rich, they are in fact lying. BTW, my tax hit went down but my income went up. Worked out well for me, and I'm a retiree on a fixed income.
