One of our favorite sources of tax information is ITEP, the Institute for Taxation and Economic Policy.
They just put out this info about the Trump tax proposals, as they were that day. He does keep adding new tax breaks in his speeches. We though you might find ITEP’s analysis interesting.
The middle 20% of Americans who make between $55,100 and $94,100 would pay an average of $1,530 more in taxes every year if former President Trump’s tax proposals went into effect, according to our latest analysis. Meanwhile the richest 1% would get an average annual tax cut of $36,320.
➞ We break it all down in our new video, and, if you missed it, you can check out the analysis here