Heather Boushey: “The tax bill should’ve been called The Inequality Exacerbation Act”

“The permanent corporate tax cuts and other cuts benefiting the wealthy, combined with only short-term benefits for the middle class and measures that increase the cost of health insurance for those lucky enough to have it, lead to a result that the American public well understands — a tax bill designed for the rich,” writes the Washington Center for Equitable Growth’s Heather Boushey in The Hill.  Her column, “The tax bill should’ve been called The Inequality Exacerbation Act,” (opens in a new tab) notes: “A more insidious way that this tax bill increases inequality is that it’s not paid for; it adds more than $1 trillion to the national debt over 10 years. Supporters are not waiting for the ink to dry before making clear how they intend to pay for it — by cutting programs important to middle- and low-income Americans.”