Trump's tax law will mostly benefit the rich, while leaving poorer Americans with less, CBO says
- Posted on August 11, 2025
- By Newsday
- 1 Views
Trump's tax law will mostly benefit the rich, while leaving poorer Americans with less, CBO says
President Donald Trump's tax and spending law will result in less income for the poorest Americans while sending money to the riches, according to a new report from the nonpartisan Congressional Budget Office.
