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The original was posted on /r/science by /u/smurfyjenkins on 2024-08-02 14:33:29+00:00.

Original Title: The 2017 Tax Cuts and Jobs Act, the key legislative achievement in the first year of the Donald Trump administration, substantially raised the federal debt and disproportionately increased incomes for the most affluent. The effects on economic growth and median wages were modest at best.