August 23, 2017

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

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“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