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The Senate Republican tax bill does not look good for the working class at all

Tim Fernholz
The Senate Republican tax bill does not look good for the working class at all

The US Senate’s new tax bill will mean lower incomes on average for the working class, especially after temporary breaks expire in 2025, according to a new analysis by the Center on Budget and Policy Priorities (CBPP): Scoring the senate bill is tricky because it not only cut taxes, but also eliminates the requirement that…