Political Parties and Tax Cut Legislation

To begin, a political party is a collective group of people with similar viewpoints and ideas, as well as how power should be used in a country or society.

Based on the graph, there are a few trends that can be identified. One of those being that legislation favors wealthier Americans with $200k a year or more regarding tax policies. It is distinguishable that the wealthiest gain the most from tax cuts of which they receive thousands of dollars more than the bracket of people who receive less than $200k. This is very unsurprising because the wealthy pay more money on taxes, but in the end, they receive a much higher percentage of the money back.

The middle class is much more different from the upper class regarding tax cuts. The middle-class bracket which makes around 50k-75k a year, only receive $870 back in tax cuts. This is nothing compared to the $69,660 that upper-class citizens make from tax cuts that make more than $1M. 

The defining issue of the matter revolves around the lower-class which make around $10k-$20k a year. These people only receive $50 back from tax cuts which are where the polemic regarding tax cuts come from. It is arguable that the upper-class make much more money in return whereas someone with hardly any money gets nothing in return.