Report: Trump’s Policies Would Raise Taxes — Except for the Top 5 Percent
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A new report examining former President Donald Trump’s proposed tax policy finds that it would raise taxes on every working class American while cutting taxes substantially for the wealthiest 5 percent. The report, entitled “A Distributional Analysis of Donald Trump’s Tax Plan,” was produced by the Institute on Taxation and Economic Policy (ITEP). Its conclusions directly contradict the Trump…