Public News Service: Colorado Working Families Would Pay More Under Trump Tax Proposals

President-elect Donald Trump and Republicans in Congress have promised to pass a new tax bill, and a new report breaks down the expected winners and losers.

Joe Hughes, senior policy analyst with the nonpartisan Institute on Taxation and Economic Policy, says based on Trump’s campaign proposals, the top one percent – those making more than $900,000 a year – will see their tax bill go down by more than $36,000, on average.

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