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Trump’s Tax Plan: Going Into Debt To Benefit The Rich

“The tax plan that the Trump administration outlined on Wednesday is a potentially huge windfall for the wealthiest Americans. It would not directly benefit the bottom third of the population. As for the middle class, the benefits appear to be modest.” — New York Times

Trump isn’t fooling anyone. His tax scheme, if passed by Congress, will increase the national debt by $2.4 trillion and the chart below shows who that money will go to. There’s nothing new about any of this. The GOP has always been the party of the rich. As for deficits and running up the public debt, they’re against it only when the Democrats do it. Read story here.

 


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