Browsing: income distribution

The GOP tax bill risks disproportionately harming the nation’s poorest households, potentially widening economic inequality. While promising tax cuts and economic growth, the legislation may lead to reduced benefits for low-income families, undermining essential social services and safety nets. Its emphasis on benefits for wealthier individuals and corporations raises concerns about long-term economic disparities, highlighting a critical debate over the bill’s fairness and impact on vulnerable populations.