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.
Trump-GOP Tax Law
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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
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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.
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blog July 26, 2017 Trump Touts Tax Cuts for the Wealthy as a Plan for Working People
Unless the administration takes a radically different direction on tax reform from what it has already proposed, its tax plan would be a monumental giveaway to the top 1 percent. The wealthiest one percent of households would receive 61 percent of all the Trump tax breaks, and would receive an average of $145,400 in 2018 alone.
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news release July 20, 2017 50-State Analysis of Trump’s Tax Outline: Poorer Taxpayers and Poorer States are Disadvantaged
Not only would President Trump’s proposed tax plan fail to deliver on its promise of largely helping middle-class taxpayers, it also would shower a disproportionate share of the total tax… -
July 20, 2017 Trump Tax Proposals Would Provide Richest One Percent in Alaska with 45.9 Percent of the State’s Tax Cuts
Earlier this year, the Trump administration released some broadly outlined proposals to overhaul the federal tax code. Households in Alaska would not benefit equally from these proposals. The richest one percent of the state’s taxpayers are projected to make an average income of $1,400,500 in 2018. They would receive 45.9 percent of the tax cuts that go to Alaska’s residents and would enjoy an average cut of $134,060 in 2018 alone.