Stephen Moore(@StephenMoore):After-tax take-home income is still up $2,000 under Trump. Inflation remains elevated, but when you account for the Trump tax cuts, most middle-income families are still seeing gains in real purchasing power. At this point in Biden’s presidency, real wages were DOWN nearly 5%.

Stephen Moore

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Stephen Moore@StephenMoore

2026.10.15 18:11

After-tax take-home income is still up $2,000 under Trump. Inflation remains elevated, but when you account for the Trump tax cuts, most middle-income families are still seeing gains in real purchasing power. At this point in Biden’s presidency, real wages were DOWN nearly 5%.