Home » General World News » Trump’s tax plan just got its first brutal review, showing how it would benefit rich Americans but almost no one else

Trump’s tax plan just got its first brutal review, showing how it would benefit rich Americans but almost no one else





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President Donald Trump’s new tax plan may result in the richest getting richer and the middle class eventually seeing a slight tax increase, according to a study released Friday.

In an initial analysis of the Trump and Republican nine-page framework for tax reform, the Urban Institute and Brookings Institution’s Tax Policy Center found that a bulk of the benefit in the tax plan would be seen by Americans among the top 1% of earners. At the same time, lower- and middle-class Americans — even most upper-class people — would see little benefits.

TPC said its analysis read more >>>

Source:: BusinessInsider.Com

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