WHAT TAX CUT?

WHY SOME OF THE WEALTHY HAVE NOTHING TO GAIN

The new tax bill has something for everyone, it's true: a cornucopia of savings for the middle class, plenty of goodies for the rich and poor--and a dagger in the back for upper-income wage slaves. The most pathetic of these victims are the high-earning slobs who live middle-class life-styles because of the high costs in cities where they must work and the draining expense of things like child care. O.K. No sad violins for onetime yuppies now pulling down $100,000 a year. Things aren't so bad for them. But that income isn't exactly the stuff of winters in Bimini. And the...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!