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Federal Tax Cuts in the Bush, Obama, and Trump Years – ITEP

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Federal Tax Cuts in the Bush, Obama, and Trump Years – ITEP

Since 2000, tax cuts have reduced federal revenue by trillions of dollars and disproportionately benefited well-off households. From 2001 through 2018, significant federal tax changes have reduced revenue by $5.1 trillion, with nearly two-thirds of that flowing to the richest fifth of Americans.

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