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How the Republican tax bill benefits the rich, according to government analysis

December 1, 2017

There are two governmental organizations that have conducted nonpartisan analyses of the anticipated effects of Republican legislation aimed at overhauling the tax system. There’s the Joint Committee on Taxation, established in 1926 with congressional oversight to prepare revenue estimates on proposals related to taxation. There’s also the Congressional Budget Office, which produces independent analysis of the budgetary effects of legislation.