Everand Logo

Welcome to Everand!

  • NPR

    Why You Shouldn't Count On The Promised $4,000 'Raise' From GOP Tax Plan

    The White House's estimate of gains for the average American family rests on a lot of assumptions and is disputed by economists on the right and left alike.
    by Danielle Kurtzleben Oct 24, 2017 5 minutes
    White House press secretary Sarah Huckabee Sanders has helped pitch the idea that the Republican tax overhaul plan would generate a "raise" for the average American family, though that is disputed. / Mark Wilson / Getty Images

    This week, Sarah Huckabee Sanders promoted one of the White House's chief selling points about the Republican tax plan. The pitch: American households will get an additional $4,000 as a result of the tax overhaul proposed in September.

    The number comes from an estimate produced by the Council of Economic Advisers earlier this month.

    And while it's impossible to do a flat-out true-or-false fact check on an estimate, this figure is likely to be repeated as the White House pushes tax overhaul, and there is reason to doubt that your household will get $4,000 — or even anything close to it.

    What the White House claims

    To be clear, this isn't the White House claiming that the average household would get a $4,000 tax cut as a result of the tax plan altogether. Indeed, depending on a variety of things that are still not laid

    You’re reading a preview, subscribe to read more.

    More from NPR

    NPR5 min readIndustries
    China Makes Cheap Electric Vehicles. Why Can't American Shoppers Buy Them?
    American drivers want cheap EVs. Chinese automakers are building them. But you can't buy them in the U.S., thanks to tariffs in the name of U.S. jobs and national security. Two car shoppers weigh in.
    NPR5 min read
    In 'The Fall Guy,' Stunts Finally Get The Spotlight
    For years, Hollywood's behind-the-scenes action heroes have been pushing for an Oscars category to honor their work. Many hope The Fall Guy will make it a reality.
    NPR7 min read
    Unions Double-down In The Deep South: Can Alabama Pave The Way?
    Three high-profile labor disputes have unfolded in central Alabama over the past several years, with Amazon warehouse workers, coal miners and autoworkers all speaking out for change.

    Related Books & Audiobooks