← U.S. Wealth Inequality & the OBBBA
According to the Institute on Taxation and Economic Policy, the top 1% are projected to receive $1 trillion in tax cuts from the OBBBA over a decade.
reported by 2 outlets · Attributed statement · first recorded Jul 9, 12:46 PM
How each outlet reported it
aol.comUnrated · Jul 9, 12:46 PM
Institute on Taxation and Economic Policy reports the top 1% receives $117 billion in tax cuts in 2026 as part of a $1 trillion reduction over 10 years
Cites: Institute on Taxation and Economic Policy · Details: top 1% receives $117 billion; 2026; $1 trillion over 10 years
themarysue.comUnrated · Jul 9, 12:46 PM
The highest-income 1% – households making roughly a million dollars or more – will pocket $1 trillion over the next decade under OBBBA.
Details: $1 trillion; next decade; roughly a million dollars or more
aol.comUnrated · Jul 9, 12:46 PM
The top 1% are in line to get $1 trillion in tax cuts from the law over a decade
Cites: Jon Whiten, Institute on Taxation and Economic Policy · Details: $1 trillion; one decade