The features of the bill that are likely to help ordinary people were catchy and easy to understand—reduced taxes on tips and overtime pay and a higher standard deduction for the elderly on income taxes. Yet these projected revenue losses are tiny compared to those incurred by the super rich.
Amanda Page-Hoongrajok is an assistant professor in the Department of Economics and Finance at Saint Peter ' s University in Jersey City, N.J. Her work focuses on the intersection of state and local g