Guess Who Benefited From the Trump Tax Cut?

I’ve deleted this post. I didn’t notice that there was a technical change to the CPS data starting in 2017, and that accounts for the changes in income shares between 2017 and 2018. I thought it was probably due to the Republican tax act, but apparently it had nothing to do with that.

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FACT:

Mother Jones was founded as a nonprofit in 1976 because we knew corporations and billionaire owners wouldn't fund the type of hard-hitting journalism we set out to do.

Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2021 demands.

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