Saturday, December 3, 2016

The Six Worst Things About Trump's Tax Plan

http://www.truth-out.org/opinion/item/38536-the-six-worst-things-about-trump-s-tax-plan
"1. Gives huge tax breaks to the rich and corporations, loses $6.2 trillion over 10 years, and if paid for will require deep cuts to domestic services. Three-quarters of lost revenues are from corporate and business tax breaks largely benefiting the rich. The top 0.1 percent of households, which includes Trump's, will get an annual tax cut of about $1.1 million each. Nearly half (47 percent) of the tax cuts will go to the top 1 percent of households; each one will get an average tax break of nearly $215,000 a year. The bottom 20 percent will get a tax cut of $110."