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Bogus Tax Cut Reporting Exposed: Taxes Will Be Lower For the Vast Majority of Americans

Posted on 27 December 2017

<p>Up until the moment it was signed into law, many press reports on the tax law portrayed it or strongly implied that it contained increases or virtually nothing for most taxpayers while granting big breaks to "wealthy" households (the term preferred over the genuinely accurate "high-income" label). So imagine how surprised some Americans must be to learn that the press is having a very difficult time finding actual examples of individuals and families — both theoretical and in real life — whose taxes will go up.</p>