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"nd.dertag": Loss of Power of Voters - Comment on the New Us Tax Law - Mittelstand Cafe

Summary by Mittelstand Cafe
The new tax law is a victory for Donald Trump, it says in almost all headlines. But where winners are, there are also losers, and these are above all the lower income budgets of the US, whose tiny tax reductions are soon eaten up many times by cuts in social programs and health insurance. More and more of these people had recently given their vote to Trump and the Republicans, because they were promised that they would vote for the tax.
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The new tax law is a victory for Donald Trump, it says in almost all headlines. But where winners are, there are also losers, and these are above all the lower income budgets of the US, whose tiny tax reductions are soon eaten up many times by cuts in social programs and health insurance. More and more of these people had recently given their vote to Trump and the Republicans, because they were promised that they would vote for the tax.

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Mittelstand Cafe broke the news in on Friday, July 4, 2025.
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