Think Progress: Trump Plans Major Tax Cut for the Rich But Americans Want the Exact Opposite

“Regardless of what state you live in, the Trump tax proposals were not created to benefit you unless you are really well-off,” Steve Wamhoff, senior fellow for federal tax policy at the left-leaning Institute on Taxation and Economic Policy, wrote in July. “In fact, low- and middle-income people would inevitably face a net loss after cuts to health care, education, nutrition and other public investments that would inevitably follow.” Read more