Reply #43: Yet it is still is still interesting that

[ThomCat]

this is being called just a huge tax cut. Implying that everyone gets a tax cut.

Income is largely a Pyramid. There are a hell of a lot more at the lower levels, the farther down you go, the more people you find. So this deal, which raises taxes for many of the poorest people, while cutting taxes for middle class and rich people, is probably raising taxes on a larger group of people than those who will get tax cuts.

Yes, the compromise lowers the amount of the tax increase for poor people, but it is still an increase, and it is an increase hitting lots of people who should have received help instead of an increase.

This should be called a tax shift instead of a tax cut. It is continuing the decades long shift of money from poor people to rich people.