A tiny fraction of the Oklahoma population (0.3 percent) earns more than $1 million annually. But this elite group would receive 40.7 percent of the tax cuts that go to Oklahoma residents under the tax proposals from the Trump administration. A much larger group, 50.0 percent of the state, earns less than $45,000, but would receive just 5.4 percent of the tax cuts.
Trump-GOP Tax Law
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August 17, 2017 In Oklahoma 40.7 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million
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August 17, 2017 In Oregon 37.0 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million
A tiny fraction of the Oregon population (0.4 percent) earns more than $1 million annually. But this elite group would receive 37.0 percent of the tax cuts that go to Oregon residents under the tax proposals from the Trump administration. A much larger group, 44.6 percent of the state, earns less than $45,000, but would receive just 7.0 percent of the tax cuts.
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August 17, 2017 In the District 62.9 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million
A tiny fraction of the the District population (0.9 percent) earns more than $1 million annually. But this elite group would receive 62.9 percent of the tax cuts that go to the District residents under the tax proposals from the Trump administration. A much larger group, 39.5 percent of the state, earns less than $45,000, but would receive just 3.4 percent of the tax cuts.
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August 17, 2017 In Pennsylvania 43.5 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million
A tiny fraction of the Pennsylvania population (0.5 percent) earns more than $1 million annually. But this elite group would receive 43.5 percent of the tax cuts that go to Pennsylvania residents under the tax proposals from the Trump administration. A much larger group, 44.9 percent of the state, earns less than $45,000, but would receive just 5.7 percent of the tax cuts.
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August 17, 2017 In Delaware 40.5 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million
A tiny fraction of the Delaware population (0.5 percent) earns more than $1 million annually. But this elite group would receive 40.5 percent of the tax cuts that go to Delaware residents under the tax proposals from the Trump administration. A much larger group, 44.3 percent of the state, earns less than $45,000, but would receive just 6.0 percent of the tax cuts.
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August 17, 2017 In Rhode Island 43.9 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million
A tiny fraction of the Rhode Island population (0.5 percent) earns more than $1 million annually. But this elite group would receive 43.9 percent of the tax cuts that go to Rhode Island residents under the tax proposals from the Trump administration. A much larger group, 46.3 percent of the state, earns less than $45,000, but would receive just 7.0 percent of the tax cuts.
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August 17, 2017 In Connecticut 60.2 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million
A tiny fraction of the Connecticut population (0.9 percent) earns more than $1 million annually. But this elite group would receive 60.2 percent of the tax cuts that go to Connecticut residents under the tax proposals from the Trump administration. A much larger group, 38.6 percent of the state, earns less than $45,000, but would receive just 1.9 percent of the tax cuts.
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August 17, 2017 In South Carolina 25.8 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million
A tiny fraction of the South Carolina population (0.2 percent) earns more than $1 million annually. But this elite group would receive 25.8 percent of the tax cuts that go to South Carolina residents under the tax proposals from the Trump administration. A much larger group, 49.4 percent of the state, earns less than $45,000, but would receive just 6.4 percent of the tax cuts.
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August 17, 2017 In South Dakota 48.3 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million
A tiny fraction of the South Dakota population (0.4 percent) earns more than $1 million annually. But this elite group would receive 48.3 percent of the tax cuts that go to South Dakota residents under the tax proposals from the Trump administration. A much larger group, 47.7 percent of the state, earns less than $45,000, but would receive just 4.5 percent of the tax cuts.
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August 17, 2017 In Colorado 37.5 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million
A tiny fraction of the Colorado population (0.4 percent) earns more than $1 million annually. But this elite group would receive 37.5 percent of the tax cuts that go to Colorado residents under the tax proposals from the Trump administration. A much larger group, 40.4 percent of the state, earns less than $45,000, but would receive just 4.1 percent of the tax cuts.
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August 17, 2017 In California 53.9 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million
A tiny fraction of the California population (0.6 percent) earns more than $1 million annually. But this elite group would receive 53.9 percent of the tax cuts that go to California residents under the tax proposals from the Trump administration. A much larger group, 38.3 percent of the state, earns less than $45,000, but would receive just 3.8 percent of the tax cuts.
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August 17, 2017 In Arkansas 40.0 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million
A tiny fraction of the Arkansas population (0.3 percent) earns more than $1 million annually. But this elite group would receive 40.0 percent of the tax cuts that go to Arkansas residents under the tax proposals from the Trump administration. A much larger group, 53.2 percent of the state, earns less than $45,000, but would receive just 7.1 percent of the tax cuts.
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August 17, 2017 In Arizona 38.6 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million
A tiny fraction of the Arizona population (0.4 percent) earns more than $1 million annually. But this elite group would receive 38.6 percent of the tax cuts that go to Arizona residents under the tax proposals from the Trump administration. A much larger group, 47.8 percent of the state, earns less than $45,000, but would receive just 4.0 percent of the tax cuts.
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August 17, 2017 In Kentucky 35.7 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million
A tiny fraction of the Kentucky population (0.4 percent) earns more than $1 million annually. But this elite group would receive 35.7 percent of the tax cuts that go to Kentucky residents under the tax proposals from the Trump administration. A much larger group, 48.1 percent of the state, earns less than $45,000, but would receive just 7.4 percent of the tax cuts.
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August 17, 2017 In Louisiana 41.5 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million
A tiny fraction of the Louisiana population (0.3 percent) earns more than $1 million annually. But this elite group would receive 41.5 percent of the tax cuts that go to Louisiana residents under the tax proposals from the Trump administration. A much larger group, 45.6 percent of the state, earns less than $45,000, but would receive just 3.1 percent of the tax cuts.
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August 17, 2017 In Washington 43.7 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million
A tiny fraction of the Washington population (0.5 percent) earns more than $1 million annually. But this elite group would receive 43.7 percent of the tax cuts that go to Washington residents under the tax proposals from the Trump administration. A much larger group, 38.5 percent of the state, earns less than $45,000, but would receive just 4.0 percent of the tax cuts.
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August 17, 2017 In New Jersey 57.2 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million
A tiny fraction of the New Jersey population (1.2 percent) earns more than $1 million annually. But this elite group would receive 57.2 percent of the tax cuts that go to New Jersey residents under the tax proposals from the Trump administration. A much larger group, 37.4 percent of the state, earns less than $45,000, but would receive just 3.7 percent of the tax cuts.
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August 17, 2017 In Maine 28.6 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million
A tiny fraction of the Maine population (0.3 percent) earns more than $1 million annually. But this elite group would receive 28.6 percent of the tax cuts that go to Maine residents under the tax proposals from the Trump administration. A much larger group, 47.5 percent of the state, earns less than $45,000, but would receive just 8.1 percent of the tax cuts.
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August 17, 2017 In West Virginia 18.3 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million
A tiny fraction of the West Virginia population (0.1 percent) earns more than $1 million annually. But this elite group would receive 18.3 percent of the tax cuts that go to West Virginia residents under the tax proposals from the Trump administration. A much larger group, 55.9 percent of the state, earns less than $45,000, but would receive just 9.3 percent of the tax cuts.
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August 17, 2017 In Wisconsin 46.0 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million
A tiny fraction of the Wisconsin population (0.5 percent) earns more than $1 million annually. But this elite group would receive 46.0 percent of the tax cuts that go to Wisconsin residents under the tax proposals from the Trump administration. A much larger group, 42.7 percent of the state, earns less than $45,000, but would receive just 5.6 percent of the tax cuts.
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August 17, 2017 In Maryland 61.9 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million
A tiny fraction of the Maryland population (0.7 percent) earns more than $1 million annually. But this elite group would receive 61.9 percent of the tax cuts that go to Maryland residents under the tax proposals from the Trump administration. A much larger group, 37.7 percent of the state, earns less than $45,000, but would receive just 4.1 percent of the tax cuts.
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August 17, 2017 In New York 57.9 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million
A tiny fraction of the New York population (0.6 percent) earns more than $1 million annually. But this elite group would receive 57.9 percent of the tax cuts that go to New York residents under the tax proposals from the Trump administration. A much larger group, 44.8 percent of the state, earns less than $45,000, but would receive just 3.6 percent of the tax cuts.
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August 17, 2017 In Massachusetts 56.1 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million
A tiny fraction of the Massachusetts population (0.8 percent) earns more than $1 million annually. But this elite group would receive 56.1 percent of the tax cuts that go to Massachusetts residents under the tax proposals from the Trump administration. A much larger group, 40.0 percent of the state, earns less than $45,000, but would receive just 3.4 percent of the tax cuts.
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August 17, 2017 In Wyoming 57.3 Percent of Trump’s Proposed Tax Cuts Go to People Making More than $1 Million
A tiny fraction of the Wyoming population (0.5 percent) earns more than $1 million annually. But this elite group would receive 57.3 percent of the tax cuts that go to Wyoming residents under the tax proposals from the Trump administration. A much larger group, 39.4 percent of the state, earns less than $45,000, but would receive just 2.6 percent of the tax cuts.
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blog July 31, 2017 The Problems with the Multi-Million-Dollar Effort to Secure Millionaire and Corporate Tax Cuts
Until GOP leaders put forth a detailed tax proposal, we will not know for certain whether the plan will focus on the middle-class and create jobs. But what we do know is that unless the plan is a radical departure from the principles outlined by President Trump earlier this year or laid out by Paul Ryan last year in his “Better Way,” plan, GOP-led tax “reform” efforts will be a tax break bonanza for the wealthiest Americans while delivering a pittance to working people.