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- Claim Text
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In his first term, Trump passed—with lobbying assistance from Fred Smith, the oligarch president of FedEx (net worth: $5 billion)—a tax cut that, according to the nonprofit Center on Budget and Policy Priorities, will this year deliver an average of more than $60,000 to the one percent and less than $500 to the bottom 60 percent.
- Simplified Text
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Trump's tax cut delivers over $60000 to the top 1% and under $500 to the bottom 60%.
- Confidence Score
- 0.900
- Claim Maker
- Center on Budget and Policy Priorities
- Context Type
- News Article
- Context Details
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{ "person": "Trump", "policy": "tax cut", "source": "Center on Budget and Policy Priorities", "lobbying_assistance": "Fred Smith", "beneficiary_top_1_percent": "$60,000+", "beneficiary_bottom_60_percent": "<$500" } - UUID
- 9fdb42a5-59db-476a-abff-ef546a93f125
- Vector Index
- ✗ No vector
- Created
- September 12, 2025 at 1:30 AM (2 days ago)
- Last Updated
- September 12, 2025 at 1:30 AM (2 days ago)
Original Sources for this Claim (1)
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2 days ago
https://newrepublic.com/article/196176/trump-billionaires-america-wealth-inequality
This analysis examines the shift in American wealth inequality from the Great Compression to the Great Divergence, highlighting the role of policy changes and corporate influence.
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