By 2025, the Majority of Donald Trump’s Tax Cuts Would Go to the Wealthiest 1% of Americans

Washington Post: “By 2025, about 51 percent of the benefits of Trump’s tax plan would accrue to the wealthiest percentile of taxpayers, according to the Tax Policy Center’s analysis. Those wealthy taxpayers would save $317,000 on average each year, increasing their incomes by more than 14 percent.”

“Reducing taxes on the grand scale that Trump has proposed would mean far less revenue for the federal government. The government would have to either reduce spending, or borrow more to make up the difference.”

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