June 13th, 2025
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A new tax plan in the US might make poor people lose about $1,600 every year. But rich families could get about $12,000 more each year, says a report. People with middle incomes might get about $500 to $1,000 extra each year. The plan would cut some help for poor people, like health care and food programs. To get food help, some people might need to work more. Some people disagree with this report. They say not passing the tax plan could hurt the economy. But the report also says that money from taxes on imported goods could help pay for the tax plan.
June 13th, 2025
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