Tax rate for ultra-rich drops dramatically after GOP tax cuts: study

The effectual taxation complaint for the wealthiest 0.0002 percent of Americans — a radical that corresponds astir to the billionaires connected the celebrated Forbes 400 database —fell from 30 percent to 24 percent aft the 2017 GOP taxation cuts, which were extended past period by Congress successful Trump’s “big, beauteous bill.” The effectual taxation rate…