The Control Authority says that Donald Trump’s tax bill will be a blessing for the richest Americans

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On Thursday, the Congress of the Financial Supervision Authority said that the historic tax bill in Donald Trump will make the most richer prosperous Americans every year, while it is granted $ 1,600 of the income available to the country’s poorest.

A “beautiful, beautiful, beautiful draft law” in the House of Representatives approved last month, and extending the tax cuts that were presented during the first term of US President at the White House in 2017.

The Congress Budget Office said in a letter that the 10 percent of the Americans by income will witness, on average, that their resources will rise by $ 12,000 a year, or 2.3 percent of their expected income, in a “beautiful, beautiful draft law” of the Senate in the same way that the House of Representatives has passed.

“The changes will not be distributed equally between families,” said CBO, director of CBO, in the letter addressed to Democratic lawmakers Brendan Boyle and Hakim Jeffrez, who asked to analyze.

“The agency is generally estimated that the resources will decrease for families at the bottom of the income distribution, while the resources will increase for families in the middle and the highest income distribution.”

The draft law is distinguished by the Republican Senators, who are expected to make changes before bringing it to the vote. Trump has set a final date on July 4 for the final version of the bill to reach his office to be registered in the law.

Some legislators described this schedule as optimistic, given the number of fears raised by members of Congress in both rooms-including what plans will do for benefits such as supporting health care for the disabled and low-income Americans, and sudden food stamps.

The Central Bank of Oman, who previously said that the bill will remove health care insurance for 16 million Americans, said that the poorest 10 percent will witness their resources for $ 1,600 a year, or 3.9 percent of their income, compared to previous estimates reached by the financial hour.

The draft law also sparked controversy over independent estimates that tax cuts will provide the Federal deficit of the United States, which amounted to 6.4 percent last year, and add to national debt.

In the Senate, many financial falcons raised concerns about the size and scope of legislation. Republican Senator Ron Johnson told the Financial Times this week “There are many members of the Senate who are interested in this.”

Republicans control the Senate with a margin of 53-47, meaning TrumpThe loss party cannot lose a handful of votes unless the bill passes by a simple majority.

The Central Bank of Oman said last week that the bill would add $ 2.4 trillion to US debt by 2034.

The White House denied these claims, citing the research conducted by the President of the Economic Advisors that the draft law would reduce $ 1.6 trillion of national debt over the next decade.



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