October 11, 2024
According to a new analysis from the Institute on Taxation and Economic Policy — a left-leaning think tank — Trump’s tax and tariff proposals could spur an average tax cut of about $36,300 for the richest 1% of Americans, or those with incomes of $914,900 and above. Beyond that, ITEP expects the next-richest 4% to receive an average tax cut of about $7,200.
October 7, 2024
ITEP is a non-profit, non-partisan tax policy organization. We conduct rigorous analyses of tax and economic proposals and provide data-driven recommendations to shape equitable and sustainable tax systems.
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