Institute on Taxation and Economic Policy

July 3, 2019

The American Prospect: Without Congressional Input, Trump May Further Widen the Gap Between Rich and Poor

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“This is just another tax break for rich people,” says Steve Wamhoff, director of federal tax policy at the Institute on Taxation and Economy Policy, who authored a blog post on the policy implications of such a proposal. But even addressing whether the proposal makes economic sense raises serious red flags.

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