{"id":19028,"date":"2025-08-15T17:53:47","date_gmt":"2025-08-15T17:53:47","guid":{"rendered":"https:\/\/lonecandle.com\/?p=19028"},"modified":"2025-08-15T17:53:49","modified_gmt":"2025-08-15T17:53:49","slug":"trump-tax-law-squeezes-poor-boosts-income-for-wealthy-cbo-says","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=19028","title":{"rendered":"Trump Tax Law Squeezes Poor, Boosts Income for Wealthy, CBO Says"},"content":{"rendered":"\n<p>&#8220;The poorest 10% of households will lose an average of about $1,200 in resources per year, amounting to a 3.1% cut in their income, according to the analysis released Monday of the \u201cOne Big Beautiful Bill Act.\u201d Households in the highest 10% of incomes will see about a $13,600 boost in resources on average, amounting to a 2.7% increase in their incomes.<\/p>\n\n\n\n<p>Earners in the middle of the distribution will see their annual resources grow by about $800 to $1,200 on average, according to the analysis.&#8221;<\/p>\n\n\n\n<p><a href=\"https:\/\/finance.yahoo.com\/news\/trump-tax-law-squeezes-poor-185207334.html\">https:\/\/finance.yahoo.com\/news\/trump-tax-law-squeezes-poor-185207334.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;The poorest 10% of households will lose an average of about $1,200 in resources per year, amounting to a 3.1% cut in their income, according to the analysis released Monday of the \u201cOne Big Beautiful Bill Act.\u201d Households in the highest 10% of incomes will see about a $13,600 boost in resources on average, amounting to a 2.7% increase in their incomes.<\/p>\n<p>Earners in the middle of the distribution will see their annual resources grow by about $800 to $1,200 on average, according to the analysis.&#8221;<\/p>\n<p>https:\/\/finance.yahoo.com\/news\/trump-tax-law-squeezes-poor-185207334.html<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[221,366,363,200,573,676,141,170],"class_list":["post-19028","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-donald-trump","tag-income","tag-inequality","tag-law","tag-low-income","tag-poor","tag-taxes","tag-trump"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/19028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19028"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/19028\/revisions"}],"predecessor-version":[{"id":19029,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/19028\/revisions\/19029"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}