Democrats Won’t Stop Lying About The Big Beautiful Bill

Democrats and a complicit media continue to promote the fable that all the cuts went to the wealthy and that the middle class shrunk as a result of tax cuts. They attribute our skyrocketing deficits in death to the TCJA. These assertions are categorically false.

Here are the facts according to the Internal Revenue Service:

✅ 65% of households received a tax cut from the TCJA, taxes for 29% of households remained level and 6% of households incurred a tax increase.

✅ The vast majority of taxpayers who realized a tax increase are wealthy and live in states with high state and local taxes (SALT). The TCJA capped the SALT deduction at $10,000. Democrsts want to increase taxes on the wealthy, but supports repealing the cap, which is contradictory and hypocritical. A handful of Republicans in the Hoose support this as well.

✅ In dollar value terms, It is true that the majority of the cuts went to higher-income taxpayers. That’s a function of math. It’s impossible to cut taxes for those who pay none. In the words of the great Jethro Bodine, “Naught ntimes naught = naught.”

✅ The TCJA also shifted more of the overall tax burden to higher-income taxpayers. The top 1% pay 46% of total income taxes – 50% more than the bottom 90%. The top 50% pay 97.7% of the total personal income taxes, while the bottom 50% pay 2.3%. 51% of households pay zero federal income taxes. As my friend Francis Clark Lee often refrains, “I wish I only paid my fair share.”

My taxes actually increased under the TCJA. But I wholeheartedly support this plan and Trump’s proposal for further cuts. That’s because lower taxes drive innovation, opportunity and wealth creation and produce universal benefit.

✅ Democrats ascribe runaway $2 trillion federal deficits to the TCJA. They refuse to acknowledge the role of spending in necessitating debt. It’s called “deficit spending” for a reason.

✅ Since the TCJA was enacted in 2017, federal revenues have increased by 1/3. However, spending has increased by 50%.

✅ It’s also true that the middle class shrunk after the TCJA was enacted. That’s because lower taxes enabled more Americans to ascend out of the middle class into the upper income category.

Every candidate for federal office should be able to articulate these details from memory. And the disingenuous media should be countered with facts published by their beloved IRS.