Quartz: Most of Trump’s Tax Cuts Would Go to Taxpayers Making over $599,300 a Year

He didn’t provide any specifics about how these things might happen however. So far, the most detail that’s been offered about Trump’s tax reform plan is a one-page, less-than 250 word outline handed out at a White House press briefing in April. Using that and subsequent statements from administration officials as a guide, the Institute on Taxation and Economic Policy, a non-profit, non-partisan research group, has calculated the impact on US taxpayers and the federal budget. Rather than benefiting the “everyday, hard-working people” Trump touted in his Missouri speech, Trump’s tax reform plan favors the very, very wealthy. Read more