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Understanding The Swamp: Here’s How Hedge Funders Pay Lower Taxes Than You Do

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Varun Hukeri General Assignment & Analysis Reporter
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The tax reform legislation originally introduced in Congress as the Tax Cuts and Jobs Act (TCJA) is widely considered one of President Donald Trump’s most important legislative achievements.

An analysis by the nonpartisan Tax Policy Center concluded that more than 80% of households received a tax cut and the law slashed taxes by an average of $1,600. But polling data from Gallup found that approval of the law has increased since it passed in December 2017 but a plurality of American were still unsure about the law’s benefits.