Reported about 14 hours ago
A recent report by the Institute on Taxation and Economic Policy indicates that former President Trump's tax proposal would significantly benefit the wealthiest Americans while imposing tax hikes on the majority of households. While the top 1% could see tax cuts over $36,000, 95% of Americans may face increases ranging from $600 to $1,800. The middle class could see an average increase of $1,530, with lower-income households bearing an even larger relative burden. This controversy highlights concerns over the widening wealth gap in the U.S.
Source: YAHOO