The recent tax cuts distribute 52 percent of its benefits to the top-earning 5 percent of U.S. households in 2019, and even increases taxes on the lower-earning 60 percent by 2027 (see ITEP.org). This will not restore prosperity to lower-earning families, perhaps half of the nation. Since the 1980s, and even before then, the economy has not benefited the average worker enough. Here’s an example:
In 1960 a young male worker, between ages 18 and 34, earning the middle or median income for ...
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