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.
NICOLE ASCHOFF is a sociologist and writer living in the Boston area. She is a contributing editor at Jacobin magazine and she blogs at thisgameisrigged.wordpress.com.
