They Promised the Tax Cut Would Hand Families $4,000. The Math Never Reached Even $1,000.

The Trump administration's Council of Economic Advisers claimed the corporate tax cut would raise the typical household's income by about $4,000. That total would have exceeded all corporate tax revenue collected in 2017 ($297 billion); the Harvard economist the CEA cited put the real gain near $800; and studies found most workers saw no earnings change. Priya rates the $4,000 claim False.