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Sam Baker Mar 20
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How the ACA changed American incomes

The Affordable Care Act’s tax increases were concentrated among the wealthiest 1% of Americans, while its benefits were spread broadly among the poorest 40%, according to new data from the Congressional Budget Office. The CBO examined how the law affected household incomes in 2014, the first year many of its key provisions took effect.

Data: Congressional Budget Office; Chart: Chris Canipe/Axios

The bottom line: At least as far as this analysis goes, the ACA helped more people than it hurt. Whether you want to call it “redistributing wealth” or “reducing income inequality,” the ACA achieved it. Or, in CBO’s words, the law “made household income more evenly distributed.”

Alexi McCammond 6 hours ago
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Exclusive poll: GOP Senate seats threatened in Arizona, Nevada

Data: SurveyMonkey poll conducted April 2–23, 2018Poll Methodology; Note: "No answer" responses not shown; Chart: Axios Visuals

Democrats have a real shot at winning two of the three Senate seats where Republicans are most vulnerable in the midterm elections, according to a new Axios/SurveyMonkey poll.

The bottom line: The poll provides new evidence that Republicans' hold on the Senate may not be as solid as it once looked. Democrats could win the open Arizona seat and possibly defeat Republican incumbent Dean Heller in Nevada. The third race, in Tennessee, is a statistical tie.

Sara Fischer 5 hours ago
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Big Tech crushes earnings despite backlash

Illustration: Lazaro Gamio / Axios

Facebook, Google and Twitter hit record first quarter earnings this week, despite pressure from Washington and Brussels to rein in their power. 

Why it matters: Advertisers and users have largely shrugged off the scandals surrounding user privacy, consumer safety and election meddling. Meanwhile, the companies still face hearings and investigations, but its unclear if significant regulation will follow