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Will the middle class bewealthierfour years from now?
Here are three policies from Trumps first term that could influence his ability tohelp the middle class build wealth.
Was the Middle Class Better Off?
On net, his policies helped, Winegarden said.
These improved incentives helped spur growth, which raised the average familys income.
It also doubled the standard deduction, which meant lower taxable income for many middle-class households.
According to an analysis from theU.S.
The law also provided middle-class tax relief to spark consumer spending.
As corporations saw higher profits, stock prices rose, enhancing returns for those invested in the market.
During his first term, Trump deregulated the energy sector and financial industry and eliminated red tape.
Department of the Interiorreported.
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