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Trump Tax Cuts Worked – So Biden Wants to Repeal Them

We hope you find this chart based on the latest comprehensive federal tax data a handy refutation to the “tax cuts for the rich” mantra of Team Biden. Overall, after the Trump tax cuts were enacted in 2017, income tax collections rose. The share of income taxes paid by the rich soared, and the share of taxes paid by the bottom 50% fell.

In other words, the Trump tax cuts made the tax system more progressive, and the left still isn’t happy. When reality conflicts with theory, the Dems go with the theory.

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