Trump would raise taxes on 8 million middle income Americans
Taxes would be cut for most middle income Americans but millions would pay more.
Most married couples with three or more children would also pay higher taxes, an analysis by the nonpartisan Tax Policy Center found. And while middle-class families as a whole would receive tax cuts of about 2 percent, they’d be dwarfed by the windfalls averaging 13.5 percent for America’s richest 1 percent.
Trump’s campaign rhetoric had promoted the benefits of his proposals for middle-income Americans.
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“The largest tax reductions are for the middle class,” said Trump’s “Contract With the American Voter,” released last month.
The tax hikes that would hit single parents and large families would result from Trump’s plan to eliminate the personal exemption and the head-of-household filing status. These features of the tax code have enabled many Americans to reduce their taxable income.
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