Trump Pie
Trump has already promised that he will reduce the tax burden on Americans. He has in fact declared that he will make tax cuts across the board – to individuals and to corporates.
The Congressional Budget Office has done some interesting work around the current proposal, and they have found that – if implemented – the tax cuts will benefit the top 1% of income earners the most.
No less than 75% of the proposed tax change will fall into the pockets of the top 1%, whereas the bottom 80% – many of whom voted for Trump – will hardly benefit at all.
![](https://cdn.prod.website-files.com/582f21bd539fedd346d8937a/58949619298bc33505e392a2_Impact%20on%20Proposed%20US%20Income%20tax%20cuts%20by%20income%20bracket.jpg)