Fact Check: Do 83% of Trump's tax cut benefits go to the 1%?

[Yo_Mama_Been_Loggin]

Sen. Bernie Sanders of Vermont appeared at a CNN presidential town hall Monday night. After his first question from the audience, Sanders argued that President Donald Trump "said he'd have a tax plan to benefit the middle class, but 83% of the benefits go to the 1%."

Facts First:This isn't true right now, but if certain tax cuts are not extended it will be the case in 2027, according to the Tax Policy Center.

Context

The tax reform passed in December 2017 included tax cuts for corporations as well as individuals -- but while the benefits for business were permanent, the individual taxpayer cuts will expire by 2027. If Congress does nothing to extend them, the top 1% will at that point receive roughly 83% of the tax cut benefits, according to estimates from the nonpartisan Tax Policy Center.

https://www.msn.com/en-us/news/factcheck/fact-check-do-83percent-of-trumps-tax-cut-benefits-go-to-the-1percent/ar-BBU7vIY?li=BBnb4R7

[at140]

1. I am not 1 bit surprised

The top 1% are the donor class and politicians pay attention to mega donors requests.
I am not jealous of the top 1%, however with the chronic budget deficits and ballooning
national debt, the top 1%, top 5% and top 10% need to tighten belts.

The interest on national debt is close to ONE BILLION $$/day, every 365 days of year.
And it is getting bigger every year.

[demosincebirth]

2. Tell me something I dildn't know