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| Over two decades of tax cuts have dramatically reshaped the progressive income tax system in America. The Rich believe they have benefited. Have they really? Not according to the latest research presented in this new book by an independent researcher.
Misled and Economically AbusedThough it is common knowledge that many of the poor and middle income Americans have not done well during the tax reform revolution begun under former president Reagan. Few seem aware of how most of the Rich have done. Though counter-intuitive, the facts paint a disturbing picture of what has happened and what is in store for the group who has provided most of the economic and political support for the tax cut movement.
The Facts Can Save You MoneyWhat loopholes are being used to allow people with multimillion-dollar incomes to pay a smaller percent to income taxes than many of the Rich? (see pages 51-52) Why won't most of the Rich receive any significant benefit from the recent tax cuts? (see pages 59-60) What legislation has passed that will guarantee an additional 5% tax increase for the Rich? (see pages 104-105) What needs to be done? (see page 131)
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