According to The Institute on Taxation and Economic Policy, Pres

Wildwood Crest - According to The Institute on Taxation and Economic Policy, President Trump's tax cut has not trickled down to the average worker. The tax cut will help the richest 1 percent who will receive an average tax cut of more than $55,000 in 2019, while the middle fifth of taxpayers will receive an $800 cut. In addition, just 4 percent of workers from Fortune 500 companies received a bonus or an increase from Trump's tax cut. The sad reality is that many middle-class workers feel worse off today than a decade ago, and the tax cut guarantees that the rich will just get richer.