Every time I eye the GOP's tax plan, I'm reminded of Ebenezer Scrooge's wish to "decrease the surplus population" of the working class and poor. Here are several examples of how the tax plan hurts people who are not well off:-- Retirement Benefits Will Likely Be Cut. -- The GOP Plan Would Really Raise Taxes for Middle Class Over Time. President Trump and his GOP allies have been crowing about how middle class families will receive a tax cut in their plan. The independent, non-partisan Tax Policy Center reached this conclusion:"...not only would the tax cuts continue to be regressive, but the vast majority of American households would actually be worse off, with the tax cuts plus the financing, than they would be if the tax cuts had not occurred."

Source: Forbes November 29, 2017 13:18 UTC