November 04, 2017
An NYT article discussing the prospects of the Republican tax plan included projections from the Tax Foundation which does not indicate that it is a conservative organization. The piece told readers:
“When economic growth is taken into account, the gains would be more evenly distributed, with the middle class seeing the biggest income increase on a percentage basis. That is because the Tax Foundation assumes additional growth spurred by business tax cuts largely finds its way into workers’ paychecks.”
The growth assumed by the Tax Foundation in its projections is not assumed by independent analysts.
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