Half Of Trump’s Proposed Tax Cuts Will Go To Top 1%, Low Income Earners Will See Taxes Increase

The Ring of Fire

Published on Mar 1, 2017

Donald Trump, like George W. Bush, has pitched his tax plan to the public as a way to ease the tax burden and provide relief for the middle class. But analysis of his plan shows that the majority of the cuts will go to the top 1% of income earners, with 25% of the cuts actually going to the top 0.1%, while those in lower income tax brackets will actually see their taxes increase! Ring of Fire’s Farron Cousins discusses this.

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