Institute on Taxation and Economic Policy (ITEP)

October 19, 2026

USA Today: Trump’s Policies Raised Costs for All But the Top 1%, Report Says

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The Trump administration’s economic policies have driven up taxes and costs for all but the wealthiest 1% of Americans, according to a new analysis from an economic think tank. 

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Author

Steve Wamhoff
Steve Wamhoff

Federal Policy Director