Others see it differently.
The Tax Foundation is one of the leading proponents of tax cuts that disproportionately favor the wealthy over low-income families, said Meg Wiehe, director of programs at the Institute on Taxation and Economic Policy, a liberal tax policy group that receives much of its financial support from the Ford Foundation, the left-leaning Bauman Foundation and Coydog Foundation, which supports Planned Parenthood.
Trump and the Republican-controlled Congress are readying separate tax reforms, but both plans mirror much of what Laffer’s and the Tax Foundation’s have pushed in the states. In fact, Laffer is one of four co-founders of the Committee to Unleash Prosperity, which advised the Trump campaign on economic policy. Read more