November 7, 2017

New York Times: Republican Plan Would Raise Taxes on Millions

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Few independent economists find evidence to support that claim. Analyses published since the plan was introduced last week have consistently found that some middle-class families would see their taxes go up immediately, compared with existing law. One such analysis, from the Institute on Taxation and Economic Policy, found that 8 percent of middle-income earners would pay more in 2018 — and 21 percent in 2027 — with upper-middle-class taxpayers more likely to see their taxes rise. Read more



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