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    New tax law locks in gains for the rich, leaves Black households behind

    7 hours ago

    Economists warn that the 47th president’s new tax law, now in effect as the 2026 filing season begins, entrenches economic inequality by delivering the largest benefits to the wealthiest Americans while raising taxes and cutting supports for low-income households. Analyses show Black families are disproportionately harmed, as the law expands tax breaks tied to wealth and inheritance while offering limited, often inaccessible relief to working-class and poor households. The post New tax law locks in gains for the rich, leaves Black households behind appeared first on AFRO American Newspapers.
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