What Donald Trump’s tax-plan does for:
WASHINGTON (CP, Nov 29,2017): – Donald Trump promised to govern for America’s forgotten men and women; yet he promoted a tax reform plan on Wednesday that independent analysts say does the exact opposite, transferring tens of billions of dollars in wealth up the income ladder.
The president claimed at a rally in Missouri that the tax plan would be great for the little guy, while clobbering rich guys like him: “It’s gonna cost me a fortune, this thing. Believe me, believe me, this is not good for me.”
Tỷ lệ tử vong vì Nipah lên tới 50%: Hàng loạt sân bay châu Á tái kích hoạt lá chắn thời Covid-19
TPHCM tăng cường giám sát tại các cửa khẩu quốc tế để phòng chống bệnh Nipah
Hoa Kỳ kêu gọi công dân rời Iran “ngay lập tức”
The plan would immediately hike taxes on nine per cent of lower-income Americans, and within a decade hurt the lower 50 per cent of income earners, according to new analysis by the non-partisan Tax Policy Center.
The congressional budget watchdog joined in. It found the poorest Americans would immediately be worse off, and said things would worsen with time: By 2027, it found the treasury would collect about US$60 billion more annually from people earning under $75,000, while disbursing $20 billion more to the upper classes.
In other words, it would be bad for the deficit;terrible for lower-income Americans; and great for Trump.