The objective was to restore fairness and raise revenue by undoing Bush-era tax cuts that overwhelmingly benefited the rich while worsening the budget deficit.
That's also why it's imprecise to say the proposed code benefits the "rich". While most rich people are also investors, and thus will benefit disproportionately, not all rich people will benefit.
In a fiery speech that sharply criticized her opponent's economic vision for the US, Hillary Clinton said Donald Trump's proposals will only benefit the rich, while destroying the economy in tandem.
But Democrats, who control the Legislature, dismissed Mr. Christie's remarks as merely "a good speech" and called the income tax proposal a "sound bite" that would disproportionately benefit the rich while taking money away from schools.
That left us with uneven gains that benefited the rich while allowing the middle class and impoverished to fall even further behind.
For example, 60percentt in a 2004 CBS News/NYT poll believed the Bush tax cuts most benefited the rich, while in a 1993 CBS News poll, only 28percentt of the country believed Clinton's claim that under his tax plan, the rich would pay the largest share of taxes.
But just as many appeared to be Mr. Grimm's constituents, and said they had grave concerns about his vote to cut the safety net while benefiting the rich.
The world of the show imagines pop culture as a brainwashing mechanism used to distract the public from the political happenings that negatively affect their lives, while benefiting the rich and creating separation among the public based on stereotypes of race, sexual orientation, gender and religious beliefs.
But Democrats denounced the cuts as largely benefiting the rich.
Instead, the bill largely relies on Obamacare's blueprint, although it mangles its details for the benefit of the rich while stripping coverage from a staggering 24 million people by 2026 (according to Monday's estimates from the Congressional Budget Office).
