For some in middle class, Trump plan would mean tax increase

[applegrove]

For some in middle class, Trump plan would mean tax increasevc

http://www.cbsnews.com/news/for-some-in-middle-class-trump-plan-would-mean-tax-increase/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+cbsnews%2Ffeed+(CBSNews.com)

"SNIP.............


WASHINGTON — President-elect Donald Trump’s proposals would modestly cut income taxes for most middle-class Americans. But for nearly 8 million families — including a majority of single-parent households — the opposite would occur: They’d 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.

“The largest tax reductions are for the middle class,” said Trump’s “Contract With the American Voter,” released last month.

...............SNIP"

[47of74]

1. More like Contract On The American Voter.

[BadGimp]

2. You're not suggesting Donald would lie to us are you?

[snark off]

[napi21]

3. I have no reason not to believe the Tax Policy Center, but how could they assess his tax policy

when he hasn't really provided any details about it? On everything, he gives a good sounding overview, and that's the end of it, no details so it can't be judged.

[Wellstone ruled]

4. This is the Reagan Tax and

Wealth Transfer part 2. Every one who has a gross income of 50k will see major changes in Tax owed. Retirees and single payers will get hammered the hardest.