Low-income families would lose, wealthier ones would gain under GOP tax proposals – USA Today

 

U.S. flag flys at full staff at the West Front the U.S. Capitol building on the inauguration day of Donald Trump’s second presidential term in Washington, U.S., January 20, 2025. REUTERS/Fabrizio Bensch

A new report shows low-income families would lose income and wealthy would gain if Republicans extend tax cuts and reduce Medicaid and SNAP.

Read more: Low-income families would lose, wealthier ones would gain under GOP tax proposals – USA Today

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Impact of GOP Tax Cuts on Low-Income Families in 2025

Learn how proposed GOP tax cuts could widen the income gap, aiding the wealthy while harming low-income families. Discover the implications.

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