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5 Ways the Senate Tax Plan Helps the Rich


5 Ways the Senate Tax Plan Helps the Rich

Tax reform efforts took a big step forward in Washington late last week, when the Senate passed its version of legislation to revamp the tax laws. However, those watching the efforts have had to keep a close eye on the proceedings, because the final version of the bill not only has many differences from the House tax reform bill but also incorporates numerous changes from what the Senate had originally proposed.

Many skeptics of tax reform have argued that the bills passed so far in Congress benefit the wealthy more than the middle class. With that in mind, let's take a look at five of the biggest provisions in the Senate bill that favor the rich to see whether those criticisms are justified.

Image source: Getty Images.

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Source: Fool.com


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