the tipping point came in 2017, with the passage of the Tax Cuts and Jobs Act. The legislation, championed by President Trump and then-House Speaker Paul D. Ryan, was a windfall for the wealthy: It lowered the top income tax bracket and slashed the corporate tax rate.
By 2018, according to Saez and Zucman, the rich were already enjoying the fruits of that legislation: The average effective tax rate paid by the top 0.1 percent of households dropped by 2.5 percentage points. The benefits the bill’s supporters promised — higher rates of growth and business investment and a shrinking deficit — have largely failed to materialize.
In the three days after Trump’s impeachment inquiry was announced on Sep. 24, the Trump campaign spent $1 million on Facebook ads, many of which included false or misleading claims.
One of these Trump ads even referred to Joe Biden as a ‘b–ch’ — which violated Facebook’s ad policies against profanity and was taken down upon review, a source familiar with the matter told Business Insider.
The Trump campaign then revised the ad, updating it to include a debunked claim about Biden. It was accepted because Facebook does not submit ads from politicians for third-party fact checking.
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In its misinformation policy for ads, Facebook says that it “prohibits ads that include claims debunked by third-party fact checkers or, in certain circumstances, claims debunked by organizations with particular expertise.” However, a Facebook spokesperson told Business Insider that ads from politicians are not eligible for third-party fact-checking review.
China is destroying Uighur graveyards where generations of families have been laid to rest, leaving behind human bones and broken tombs in what activists call an effort to eradicate the ethnic group’s identity in Xinjiang
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