White House: $4,000 more for families with business tax cuts

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White House: $4,000 more for families with business tax cuts

Study from administration is met with skepticism by experts, Dems
Evan Vucci/Associated Press file

The analysis by Kevin Hassett, chairman of the White House Council of Economic Advisers, estimates that the administration’s plan to cut corporate tax rates will cause average household incomes to jump $4,000 a year – a stunning 5 percent increase that was met with skepticism among tax experts and Democratic lawmakers on Monday.

White House: $4,000 more for families with business tax cuts

Evan Vucci/Associated Press file

The analysis by Kevin Hassett, chairman of the White House Council of Economic Advisers, estimates that the administration’s plan to cut corporate tax rates will cause average household incomes to jump $4,000 a year – a stunning 5 percent increase that was met with skepticism among tax experts and Democratic lawmakers on Monday.
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