Trump's 2017 tax cuts: Who's better off, who's not?

On Point with Meghna Chakrabarti

WBUR

News, On Point, Npr, Talk Show, Daily

4.3 • 3.9K Ratings

🗓️ 11 March 2025

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

The House has passed a budget resolution, and a plan to extend President Trump's 2017 tax cuts. What’s known about the impact of those cuts on American taxpayers and the economy?

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Transcript

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0:00.0	What if your bank did more than just bank?
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0:19.6	Search HSBC Premier, HSBC UK, opening up a world of opportunity.
0:24.4	Apply with £100,000 annual income or £100,000 savings or investments with HSBC UK or Premier status abroad.
0:30.2	Support for this podcast comes from Is Business Broken?
0:33.1	A podcast from BU's Mayrotra Institute that explores questions like,
0:38.1	why are executives paid so much?
0:41.0	Do they deserve it?
0:42.3	Listen wherever you get your podcasts.
0:46.1	WBUR Podcasts, Boston.
0:54.0	This is on point.
0:55.6	I'm Magna Chakrabardi.
0:57.0	On December 20th, 2017, President Donald Trump held a celebration at the White House.
1:04.3	It was just a short time after the Republican-controlled Congress passed the 2017 tax cuts and jobs act.
1:11.7	It's been an amazing experience, I have to tell you.
1:16.3	Hasn't been done in 34 years, but actually really hasn't been done because we broke every
1:22.0	record.
	...

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