Happy Birthday, Tax Cuts!
Is Trump's tax cut helping working people?
by Greg Rosalsky
Dec 18, 2018
3 minutes
NOTE: This is an excerpt of Planet Money's newsletter. You can sign up here.
Donald Trump's most important economic policy turns a year old this week. If the Tax Cuts and Jobs Act (TCJA) were a baby, it still wouldn't be able to talk. But its personality is beginning to show, and there's a big debate over whether it's a problem child.
Democrats hated the TCJA from the start. They called it a scandalous during a time of historic inequality; for the federal budget; and a stimulus when the country didn't need one.
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