African Americans and the Extension of Trump’s Tax Cuts

Joint Center President Dedrick Asante-Muhammad and Senior Researcher LaToya Parker penned an op-ed on the Tax Cuts and Jobs Act, enacted under President Donald Trump’s first presidency, and its lasting implications on the economic advancement of Black households, which could further the racial wealth divide if extended.

From the essay: “Tax policy has long played a pivotal role in either mitigating or widening economic disparities. The TCJA was promoted as a tool to stimulate economic growth through substantial tax cuts. However, analyses show that its benefits were disproportionately skewed toward wealthier, predominantly white households.”

This op-ed was published in the Washington Informer and URL Media.