The GOP's massive bill would benefit the rich the most -- while hitting the poor

The top 10% of earners in the U.S. would see the biggest gains under the GOP tax and spending package, according to congressional forecasters, but those at the bottom of the income ladder would be worse off.

Jun 12, 2025 - 17:53
 0
The GOP's massive bill would benefit the rich the most -- while hitting the poor
A new analysis from the Congressional Budget Office shows the top 10% of earners in the U.S. would see the biggest gains from the House-passed tax and spending package. Those at the bottom of the income ladder would be worse off.

The top 10% of earners in the U.S. would see the biggest gains under the GOP tax and spending package, according to congressional forecasters, but those at the bottom of the income ladder would be worse off.

(Image credit: Saul Loeb)

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