Trump’s tax plan just got its first brutal review, showing how it would benefit rich Americans but almost no one else
|09/29/2017||Posted by BusinessMediaguide.Com under General World News||
President Donald Trump’s new tax plan may result in the richest getting richer and the middle class eventually seeing a slight tax increase, according to a study released Friday.
In an initial analysis of the Trump and Republican nine-page framework for tax reform, the Urban Institute and Brookings Institution’s Tax Policy Center found that a bulk of the benefit in the tax plan would be seen by Americans among the top 1% of earners. At the same time, lower- and middle-class Americans — even most upper-class people — would see little benefits.
TPC said its analysis read more >>>