Bearings

What's actually known — not just who's biased.

U.S. Wealth Inequality & the OBBBA

45% of the OBBBA's tax cuts go to the highest-earning 5% of U.S. households, while just 1% go to the lowest-earning 20% of households.

multiple outlets, traced to a single source · Reported fact · first recorded Jul 9, 12:46 PM

Although several outlets carry this claim, their reporting traces back to a single shared source — so it counts as one confirmation, not several.

How each outlet reported it

themarysue.comUnrated · Jul 9, 12:46 PM

The One Big Beautiful Bill Act (OBBBA) is a $4 trillion package that includes $4.5 trillion in tax cuts, most of which flow to the top 20% of earners.

Details: $4 trillion package; $4.5 trillion in tax cuts; top 20% of earners

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rawstory.comUnrated · Jul 9, 12:46 PM

45% of the OBBBA's tax cuts are enjoyed by the highest-earning 5% of U.S. households

Cites: The Guardian · Details: 45%; highest-earning 5%

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rawstory.comUnrated · Jul 9, 12:46 PM

Just 1% of the OBBBA's tax cuts go to the lowest-earning 20% of households

Cites: The Guardian · Details: 1%; lowest-earning 20%

Read the original article ↗