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Home Market Research Markets

How Much Money Did Trump’s Last Tax Law Save Americans? You Might Be Surprised

by TheAdviserMagazine
5 months ago
in Markets
Reading Time: 1 min read
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How Much Money Did Trump’s Last Tax Law Save Americans? You Might Be Surprised
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During President Donald Trump’s first term, Congress passed a massive tax-reform law that many criticized as being tilted in favor of the rich. But a recent analysis from the Heartland Institute found that the Tax Cuts and Jobs Act of 2017 led to the average effective income tax rate decreasing for Americans of all income levels. And contrary to widespread belief, lower-income and middle-income…



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